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Technology Stocks : VeriSign (VRSN)
VRSN 252.92+0.6%Nov 14 9:30 AM EST

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To: tfk who wrote (536)4/30/1999 4:19:00 PM
From: HECTOR RUBERT  Read Replies (1) of 1285
 
Did anyone noticed how strongly VRSN defended the 109-110 mark? It bounced off 3 times today....also it bounced from 110 yesterday quite strongly.

It has clearly set support at the 109-110 level. And we stand at 115. The upside will be huge at least back to 160 before the split comes active.

I bought the stock today after looking at revenue growth, potential earnings growth, and a great position to get in at 115.

If you see their chart ..you can clearly make a case for a stock that's been oversold. This is an opportunity even short term.

clearstation.com

Hector
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