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


To: fred woodall who wrote (58)3/13/1998 12:34:00 AM
From: Eric Van Buskirk  Read Replies (1) | Respond to of 1285
 
RE: I know you're bouncing off the walls right now. VRSN didn't drop a bit on the threat of a sell off this AM. I have a feeling your're gonna earn your money on this one.
News on YHOO & AOL today not helping any.


Fred:

I'm a little unclear here. There seem to be both negatives and positives in what you're saying. I think you mean the shorts should be concerned, but you say "you're gonna earn your money"

This is the first short I've ever intended to hold past 7 days (way past 7 days if necessary)

Positive:
Stock is moving because of small blocks: clueless traders who haven't done any DD on VRSN and day traders. They'll be pushed out when there is more coverage of the company and it's competitors It's a waiting game here.

Not sure what news you're referring to.

I see no positive coments on this board in spite of the fact that this
company is worth about 650 mil and plays right into the interests/knowledge of SI investors.

Negative:
The small investors mentioned above are winning the game for now.

Didn't look at the charts carefully, but was the "threat of a sell-off" serious?

You said there was some negative news that didn't cause a pull-back

Regards,
Eric

PS: The other certificate co. could be a good buy. They've had little to no notice paid to them, price/valuation is a drop in the bucket of VRSN, and I've seen favorable comments about it on the net from people who've done DD.