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


To: david barr who wrote (460)4/18/1999 12:01:00 PM
From: gridiron 99  Respond to of 1285
 
David Barr,

I am in the same boat you are. I picked up VRSN late last Wednesday at 156 after 16 buck pullback for the day, and I thought I wouldn't possibily lose, even on the paper. I had been following this company since the day they went IPO, more than a year so I guess you can say I didn't get in in a rush.

I think I was unfortunate that I got in at the start of our current Internet correction, or tech sell-off. Other than that, I don't see any signs of fundamental change with VRSN. I expect VRSN will bounce off the bottom at 135.

The good thing is I only has a small quantity of VRSN shares.

Good luck !



To: david barr who wrote (460)4/20/1999 4:10:00 AM
From: Kevin Yang  Read Replies (1) | Respond to of 1285
 
> question: when VRSN sells a digital certificate are they selling one for the website or to each of the customers of the website.

There are various forms of digital certificates:

Personal cert - These are mainly used in personal emails to identify the sender. Don't think they make much money out of this.

Secured server cert - These they sell ONE for each web host that provide secured internet access. Anytime you use HTTPS to access a secured web host, the web host uses its digital cert to identy itself. They probably make quite a bit of money from this since all E-commerce hosts needs a cert. These licenses have to be renewed each year.

They also sell digital certs in batches for companies who want to maintain their own secured company network.

Check out www.verisign.com for more info.
Kev