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


To: HerbertOtto who wrote (362)1/28/1999 9:30:00 PM
From: Patriarch  Respond to of 1285
 
Thanks, here is the full article.

RESEARCH ALERT-Dain resumes coverage of VeriSign

January 28, 1999 12:55 PM
CHICAGO, Jan 28 (Reuters) - Dain Rauscher Wessels said on Thursday it resumed coverage of VeriSign Inc. VRSN with a strong buy-speculative rating.

-- VeriSign provides services for electronic commerce service providers and individuals to conduct secure commerce and communications over the Internet.

-- Dain says in a report VeriSign is the best company in its research universe measured by market opportunity, business momentum, sustainable competitive advantages, business model and execution.

-- Says expansion of VeriSign's global distribution and new ancillary services will be key growth drivers in 1999.

-- Estimates the company will break even in 1999 after losing $0.78 per share, excluding charges, in 1998. Estimates $0.65 earnings per share in 2000.