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To: Paul A who wrote (23458)10/2/2000 10:54:20 AM
From: ild  Read Replies (1) | Respond to of 436258
 
Paul,
I don't see how six months revenues of $104.3 million can support 39 bil market cap. Yes, in this mania it can double or triple. But it also can lose 90%. It's pure gamble. I'm trying to identify a good short candidate. If Janus gets hit with redemptions it will have to sacrifice some of it's holdings. It owns 13% of VRSN.
I have done very little DD. What do you like in VRSN? Will it ever make 1,000,000,000 in profits to justify 39 bil market cap?
Thanx, ild