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To: Mark Fowler who wrote (9370)10/25/2001 10:18:35 PM
From: Bill Harmond  Read Replies (4) | Respond to of 57684
 
I listened to the Verisign call. The sell-off is as dumb as the TXN and EBAY ones proved to be, IMO.

40% top line, 60% bottom line growth reiterated. That's on a fully taxed basis, but they won't pay taxes for years still. Cash flow city.

The shelf registration has no immediate impact, in fact the company is buying back stock these days.



To: Mark Fowler who wrote (9370)10/25/2001 11:25:44 PM
From: Bill Harmond  Respond to of 57684
 
Homestore.com (HOMS) 6.35 -0.15: Company announced an organizational realignment and cost reduction plan; includes the release of up to 700 employees or about 20 percent of its workforce; see press release.