VeriSign (VRSN) Message Board

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Technology Stocks : VeriSign (VRSN)

VRSN 253.45

+1.5%

Jan 28 3:59 PM EST

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To: BBull who wrote (185)	6/1/1998 11:18:00 AM
From: Scott Kessler	Read Replies (1) of 1285

I acknowledge that VRSN and CYCH are not identical companies. My point is that they are similar -- they are small companies trying to establish brand names in a the potentially lucrative e-commerce transaction space and they both have big-name investors, partners and customers. Investors in these companies are betting strictly on the companies' future prospects and my point is that it remains to be seen whether it is too early to invest in these companies b/c their technogies aren't yet being adopted (license) en masse. I agree that CYCH's management has dropped the ball re earnings on a few occasions -- and the stock has been punished (from a high of some $60 to some $17 a share). According to analysts, VRSN is on a much better earnings track, but I'm still a bit concerned that it may be too early to tell whether VRSN will be as successful as many believe. The 40% haircut from $49 to $30 is extremely disturbing, but as a long-term investor in the company, I'm looking to increase my position b/c like you, I believe VRSN is onto something which is going to become very big.

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