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Technology Stocks : VeriSign (VRSN)
VRSN 248.67-0.5%1:10 PM EST

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To: Patriarch who wrote (871)1/20/2000 5:06:00 PM
From: Patriarch  Read Replies (2) of 1285
 
OK, here are the highlights:

--4Q99 net income was $4.5 million, or $0.04 per share compared to:

Estimates of $0.03/sh by analysts,
A loss in 4Q98 of $0.03/sh, and
A $0.01 profit in 3Q99,

--4Q99 revenue increased 21% over the $22.8 million of revenue reported in 3Q99.

--For FY99, VRSN posted revenue of $84.8 million, an 118% increase of FY98.

--For FY99, net income was $4.0 million, or $0.03 per share, compared to a net loss of $0.19 per share in FY98

--VRSN sold over 36,200 certificates in the fourth quarter, representing an 86% increase in unit volumes from the year ago period and a 15% increase over the prior quarter.

Another fine quarter. BTW, we're down, according to Island, at $202.3125.

Regards,
Pat
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