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Technology Stocks : VeriSign (VRSN)
VRSN 249.63-0.8%Jan 27 3:59 PM EST

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To: Barnhart who wrote (346)1/20/1999 8:54:00 PM
From: Patriarch  Read Replies (3) of 1285
 
From their own website, they have yearly earnings est. of .46 for the year 2000, which will be reported Jan, 2001. Based on a price now of 85, that gives them a PE of 184. If they grow even faster than what the analysts' are predicting and they manage to triple their eps for the year 2000, to say $1.38, their PE would still be high at 61.

Brian, be forewarned, but those estimates are not from the company, they are culled from analysts that follow the company. Not to say that VRSN is doing anything funny, but I would prefer earnings estimates from an independent firm.

As per Zacks, their estimate for VRSN FY2000 is $0.37/sh.

Regards,
Pat

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