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Technology Stocks : VeriSign (VRSN)
VRSN 224.17-7.6%Feb 6 9:30 AM EST
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To: robert elmasian who wrote (430)3/25/1999 1:37:00 PM
From: Jerry Salem   of 1285
 
'Normal' lock-ups ended last year. Senior execs are prevented from
selling their shares based on insider info _or_ if lock-ups are
part of deals to buy other companies. So, the secondary offering was a way for the execs to sell shares, prior to a Verisign purchase of another company (VRSN generated cash from that sale, too). Everyone waiting for a split better not hold their breath, however, another takeover this year, perhaps along similar lines of SecureIT, is very possible.

Have fun!
- Jer
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