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

To: Barnhart who wrote (346)	1/20/1999 12:29:00 PM
From: Jerry Salem	Respond to of 1285

That's a very funny analysis, predicting earnings 2 years out. Do you anticipate this downside slide due to the Internet stocks collapsing as a whole, or is it VeriSign's competition (term is used loosely) that's going to sink their stock. VS has anticipated profitability 3Q99, and if that does occur, and historically they're a very conservative company, I wouldn't want to be short. VS Board is extremely savvy. Smarter than us, for sure. Good luck, have fun! - Jerry

To: Barnhart who wrote (346)	1/20/1999 8:54:00 PM
From: Patriarch	Read Replies (3) \| Respond to of 1285

From their own website, they have yearly earnings est. of .46 for the year 2000, which will be reported Jan, 2001. Based on a price now of 85, that gives them a PE of 184. If they grow even faster than what the analysts' are predicting and they manage to triple their eps for the year 2000, to say $1.38, their PE would still be high at 61. Brian, be forewarned, but those estimates are not from the company, they are culled from analysts that follow the company. Not to say that VRSN is doing anything funny, but I would prefer earnings estimates from an independent firm. As per Zacks, their estimate for VRSN FY2000 is $0.37/sh. Regards, Pat