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To: stockman_scott who wrote (12643)	7/10/2002 4:36:37 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 57684

16:21 ET VRSN VeriSign lowers Q2 guidance (4.99 +0.16) Co expects Q2 revenue in the range of $315-$317 mln and pro forma EPS of $0.14-$0.15, vs previous guidance of $320-$330 mln and $0.18-$0.20. "While continued weakness in IT spending led to lower demand than we had anticipated for our consulting and international affiliate lines of business, our telecom and core authentication lines of business showed improved performance from the first quarter." Co will host a conference call today at 5 PM ET to discuss these preliminary results (dial-in: 800-811-0667).