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Technology Stocks : RSA Security Inc. (RSAS) -- Ignore unavailable to you. Want to Upgrade?


To: OPER8OR324 who wrote (223)3/31/2000 11:14:00 AM
From: Vikas Sontakke  Read Replies (3) | Respond to of 374
 
If it were not for selling VRSN securities, RSAS year end results would have shown decreasing revenue and massive losses. After looking at their annual report, I was not able to determine what percentage of their VRSN holding was unloaded. I would have expected those gains not be shown in as an income but rather one time only windfall. It is not as if RSAS can keep on selling VRSN securities indefinitely.

Would someone more knowledgeable comment on their annual report? May be drop from 87 to 57 in couple of weeks already reflects that concern :-(

- Vikas