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To: techanalyst1 who wrote (10475)2/6/2002 11:14:13 AM
From: Bill Harmond  Read Replies (2) | Respond to of 57684
 
Witch hunt.

10:26 ET VRSN VeriSign hit by accounting talk (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.