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Technology Stocks : VeriSign (VRSN) -- Ignore unavailable to you. Want to Upgrade?


To: Brasco One who wrote (1243)3/1/2002 1:43:03 AM
From: zax  Read Replies (1) | Respond to of 1285
 
Its copy like this thats hurting the stock price. Tis unfortunate. My cost basis in VRSN is very low, and I made good money selling some when it was in the 200s. Still, I bet it won't be long until Asensio start making hist daily slams again. I'm holding. Trust services are essential to e-commerce. Their root server contract has always been renewed, and dot com registrations are still king. Heavyweight board of directors. Yadayadayada.

Source: Accounting tricks that fool investors Hosted by CBS MarketWatch - 12:06 AM EST

5. Suspicious "related-party transactions"

It's smart to read the footnotes in a company's financial reports pertaining to "related-party transactions," Sellers said. You might be surprised at what you find. Verisign (VRSN: news, chart, profile), for one, allegedly boosted sales by investing in a small start-up business that turned around and used the cash infusion to buy products and services from Verisign, he said.