Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : VeriSign (VRSN) -- Ignore unavailable to you. Want to Upgrade?

To: Patriarch who wrote (651)	8/6/1999 8:23:00 AM
From: sam	Read Replies (1) \| Respond to of 1285

One thing that concerns me about VRSN is the recent insider sales I have found. I have held for quite a while...and have a very nice gain...and I hesitate to sell at this time (when I feel we are much closer to a bottom than a top). But I would hate to be left holding the bag...if you know what I mean......

To: Patriarch who wrote (651)	8/9/1999 1:57:00 PM
From: Jerry Salem	Respond to of 1285

Hi Pat, So...the relationship between the market and our friend has grown peculiar, to say the least. I agree that a hike is priced in, which means that if we _don't_ get one, the market will go down (uncertainty), and if we do get one, the market will go up - except that many are predicting that G will hike three times to counter the three cuts last year, since the economy is strong. 100 years from now they'll look at this like bizarro world. Economy's strong - everyone's afraid of the fed - market is scared and bearish; Signs of a weakening economy - no risk of fed intervention - stocks go bullish through the roof. Crazy, really. As far as VRSN is concerned, I think it will follow its usu. pattern until the 3q results - then we'll know. BTW, for once in my life I made (almost) all the right moves with FFIV - B38, S79. Watching it closely now. Best Regards, - Jer