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


To: Vikas Sontakke who wrote (224)4/14/2000 8:26:00 AM
From: FloydP  Respond to of 374
 
Very good earnings report yesterday. But what was more
encouraging to me was the tone and info during the conference call. Summarizing it:

1. Management is very comfortable with analysts estimates
for the rest of the year.

2. KEON doing very well with 4.5 million in sales and this
is just in the Pilots.

3. Keys and encryption sales out of sight. Hack attacks
were probably responsible.

4. Addition of 100 new people, mostly in sales.

5. 888 million in cash and securities.

All and all this appears to be a very good stock to in at
this time. I'm long for long term.

FloydP



To: Vikas Sontakke who wrote (224)4/14/2000 3:04:00 PM
From: John F Beule  Read Replies (1) | Respond to of 374
 
Vikas:

I've held this stock for 3 years, in at $21, I've seen: $6; $90; and now $40's.

The whole time this issue of VRSN has come up, usually when it's going down...for some reason this question fades away when it's going up? I will say this about your question: if a company can sell a stock to finance its operations, that means to me that they know how to buy stocks low, and sell high. VRSN was a spinoff of RSA, the way I look at it is "you got it, flaunt it" they can do it.

Not only is this 800# gorilla in the right spot industry-wise, but they also have competence fiscally. You might ask, "why didn't you sell at $90"? Well, in hindsight I could have taken some off the table. Had I known the market in general would be cut in half, that would have worked.

By the way, that's THE ONLY reason RSA is down.

Hope this helps,

John



To: Vikas Sontakke who wrote (224)4/28/2000 8:43:00 AM
From: John F Beule  Read Replies (1) | Respond to of 374
 
Friday April 28, 8:01 am Eastern Time
Company Press Release
SOURCE: RSA Security Inc.
RSA Security Tops the Network World 200 as Most Profitable Company
Company Recognized as Leading Financial Performer in 1999
BEDFORD, Mass., April 28 /PRNewswire/ -- RSA Security Inc. (Nasdaq: RSAS - news) today announced that Network World Magazine has named the company as the most profitable company on its prestigious Network World 200 list, an annual ranking of the nations' top 200 networking companies based on profitability, revenue, investments, and financial and employee growth.

The April 24 issue of Network World reports that ``RSA Security turned in an amazing 1999 performance, earning $184 million in profit on its $218 million in revenue. In other words, for every dollar it brought in, slightly more than 84 cents was profit. That sent it to the top of our list of the most profitable Network World 200 companies.''

``We are very pleased to be ranked as the most profitable company in the Network World 200,'' said Art Coviello, president and CEO of RSA Security Inc. ``We're energized by the combined strength of our operations in PKI, authentication, and encryption, and our strategic investment activities.''

Network World, Inc. the leading network media company is shaping the future of enterprise network computing through its print publication, Network World, its online extension Network World Fusion ( nwfusion.com ), and its educational seminars and events nationwide. Network World, Inc. empowers Network IS professionals with the knowledge required to meet their evolving business needs.

About RSA Security Inc.

RSA Security Inc., The Most Trusted Name in e-Security(TM), helps organizations build secure, trusted foundations for e-business through its RSA SecurID© two-factor authentication, RSA BSAFE© encryption and RSA Keon© digital certificate management systems. With more than a half billion RSA BSAFE-enabled applications in use worldwide, more than six million RSA SecurID users and almost 20 years of industry experience, RSA Security has the proven leadership and innovative technology to address the changing security needs of e-business and bring trust to the new, online economy. RSA Security can be reached at www.rsasecurity.com.

NOTE: BSAFE, Keon and SecurID are registered trademarks, and RSA and The Most Trusted Name in e-Security are trademarks of RSA Security Inc. All other products and services mentioned are trademarks of their respective companies.

SOURCE: RSA Security Inc.

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