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


To: MSB who wrote (671)8/25/1999 9:39:00 PM
From: Jazz102  Read Replies (1) | Respond to of 1285
 
I don't know, getting nervous, closing out my position in VRSN each day only to buy back in again as it keeps exhibiting strength. Thinking this can't last without some pullback soon. Ever play musical chairs or pass the hot potato?? I'm a veteran of riding MSGI up and unfortunately down, and I don't want to repeat that unpleasant experience. Usually you keep an eye on the volume and when a stock stops making progress and the volume diminishes, its supposed to mean it will plateau or consolidate for awhile.
JAZZ



To: MSB who wrote (671)8/26/1999 11:27:00 AM
From: James Thai  Read Replies (1) | Respond to of 1285
 
Briefing.com says:

10:06 ET Net Stocks Started : SG Cowen initiates coverage of
Inktomi (INKT 122 1/4 +2 1/4) and VeriSign (VRSN 112 +5 3/4) with
"buy" ratings. INKT receives $150 target. VRSN target is $120.

I say: Hold it until it starts going down. Easier said than done eh? I would imagine $120 being taken out within a couple of days.

James.