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


To: Gokhan Gezmisoglu who wrote (56)3/12/1998 1:05:00 PM
From: Eric Van Buskirk  Read Replies (1) | Respond to of 1285
 
My error-- that was dollars, not shares. I agree totally with your comments. All I can explain is day traders and individuals who have haven't done any DD and buy because: "wow" they're a leader in the internet commerce industry.

I too am nervous, but if VRSN ever goes above a 1 billion market Cap. it'll be the most overpriced stock ever and stories will be all over the press about what a joke VRSN in. Heck, these high prices might
generate more press that tells the VRSN story, causing investors
to realize their mistake. Look for all kinds of negative coverage.

PS: just bought another small chunk today at 36 7/8

good luck.