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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: marvin smith who wrote (4509)2/6/2002 10:44:32 AM
From: KevinThompson  Respond to of 13660
 
From Briefing.com:

10:26 ET VeriSign hit by accounting talk (VRSN) 22.77 -3.68: Stock breaks lower in recent action; hearing trading floor talk of possible accounting issues related to companies in which VRSN has minority investments; suggestion is that issues are similar to those that have hit ELN in the past (investing in companies which then buy products/services from the investor) - such accounting is technically legal but is seen as a liberal standard; no confirmation of these reports but they are clearly weighing on the stock.



To: marvin smith who wrote (4509)2/6/2002 10:48:17 AM
From: moufassa7  Read Replies (1) | Respond to of 13660
 
Most of it went to money heaven. RIP.