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

To: Mehitabel who wrote (912)3/7/2000 9:12:00 AM
From: Patriarch  Read Replies (1) | Respond to of 1285
 
IMO, this is a great deal. For information, NSOL registers domain names on the internet and charges a nominal fee. Take that nominal fee and multiply that a few million times. That's cash flow. :)

It once had a monopoly, but no more. Still, it controls around 85-90% of all registrations. Because of that, NSOL is still a huge cash cow.

Conference call was around 8AM, any info?



To: Mehitabel who wrote (912)3/7/2000 9:16:00 AM
From: Patriarch  Respond to of 1285
 
Bloomberg: VeriSign Agrees to Acquire Network Solutions for $21 Billion in Stock

bloomberg.com



To: Mehitabel who wrote (912)3/7/2000 9:27:00 AM
From: Alan Levin  Respond to of 1285
 
Jeez - whose idea was THAT????

With NSOL up 60 and VRSN down 30 (premarket trading) what do you think?


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