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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (65113)7/26/2002 12:51:02 AM
From: Lizzie Tudor  Respond to of 70976
 
OT: VRSN
>net loss of $4.8 billion, or $20.31 a share<

and there are a few people who think certain tech companies that MAKE a few pennies per share should sell for 5 bucks.

I checked the link and Verisign is up 3% ah.

I can understand why some remove themselves from the market completely.


It was a goodwill writedown. Looks messy this quarter, sure, but something that has to be done. Their revenue growth was good, rising almost 100mm from the same qtr last year. Vrsn is the only software company I can think of able to grow like that from last year, not bad.

I expect vrsn to rise tomorrow unless naz collapses... again
L