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Technology Stocks : VeriSign (VRSN)
VRSN 243.52-3.0%Feb 3 3:59 PM EST

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To: mrc who wrote (119)4/2/1998 4:43:00 PM
From: fred woodall  Read Replies (2) of 1285
 
VRSN 44.875 (-3.125)<INDU +119.82> near 9k. Net stocks up 4-6 points today. Please explain why the move to 50. this month. The little guys (2/3 blocks) are bailing which looks to have started a stampede.

20 Day MA turning bearish. MACD Daily confirming a top.
I agree VRSN responses to the Newswire regardless of the fundamentals but I see no reasoning for the price to escalate from here. Hype will motivate a stock only so far. I see no signs of institutional money piling in on this bonanza. Am I missing something?
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