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Technology Stocks : VeriSign (VRSN)
VRSN 241.96+1.0%Nov 7 9:30 AM EST

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To: MSB who wrote (666)8/25/1999 8:09:00 PM
From: MSB  Read Replies (2) of 1285
 
How Much Higher????

Is there anyone who watches or owns VRSN who can, in their best educated guess, give me some idea as to how much longer a rally in VRSN will continue?

What are the charts indicating (for those of you experienced in this area)?

By my observations the last low after the split was around 55 or so. Since then we rebounded to about 70. From there it was a bit up and down, and then finally started climbing to what we have today.

So we've gone from 55 or so to the close today at 106+. That is a 51 point rise. At what point should or could one expect some retracement? Surely the market will come out with some news soon giving investors cause to wonder (seems to happen that way a lot).

Love VSRN, but would love to be reasonably sure of locking in a nice profit and waiting to pick up more lower.

Mike (uhhh, just ignore that comment I made about not trading the stock a few months ago. <gg>)
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