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

To: Bazmataz who wrote (495)4/22/1999 8:09:00 PM
From: up3up4  Read Replies (2) | Respond to of 1285
 
I think you are expecting too much. Please define your "blowout" number, do you expect -0.05.

I think a 20% surprise should keep the stock at least at this level. I think the rev number is better than expected. That is the key. VRSN business model will not give blowout number since it defers its rev in 12 months period.

up3up4.



To: Bazmataz who wrote (495)4/22/1999 8:21:00 PM
From: gridiron 99  Read Replies (1) | Respond to of 1285
 
Bazmataz,

VRSN beat the Street's estimates by 2 cents. That is 20%. We are talking about a large percentage here. As the case with most Internet stocks, investors usually care more about the revenue growth than the earnings per share.

Tonight VRSN indicates that the growth will continue. The revenue of last quarter is 134 % increase as compared to the year before.

I see this as a very positive earnings report.


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