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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (8596)	5/11/1998 5:52:00 PM
From: GuitarMan	Respond to of 18691

VeriSign Announces Early Release of Approximately 500,000 Shares of Common Stock From Lock-Up MOUNTAIN VIEW, Calif., May 11 /PRNewswire/ -- VeriSign, Inc. (Nasdaq: VRSN - news) announced today that effective May 18, 1998, Morgan Stanley & Co. Incorporated, the lead underwriter for VeriSign's initial public offering, will release the lock-up restrictions on an aggregate of approximately 500,000 shares of VeriSign Common Stock. These shares will be available for sale subject to any resale restrictions of the federal securities laws, including in some instances, the limitations of Rule 144 or 701 under the Securities Act of 1933, as amended. VeriSign completed its initial public offering of 3.45 million shares of Common Stock on January 29, 1998. VeriSign, Inc. is the leading provider of digital certificate solutions used by consumers, Web sites and enterprises to conduct secure communications and transactions over the Internet and private networks. VeriSign's Digital IDs and Secure Server IDs are available through the company's Web site at www.verisign.com. VeriSign's E-Commerce Solutions are used by enterprises to deploy complete Public Key infrastructure (PKI) solutions for intranets, extranets, and large-scale electronic commerce applications, and are available through VeriSign regional account representatives or through VeriSign resellers. For more information visit VeriSign's Web site at verisign.com. NOTE: VeriSign is a registered trademark exclusively licensed to VeriSign, Inc. Digital ID and Digital ID Center are service marks of VeriSign, Inc. All other trademarks are properties of their respective owners.