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


To: david barr who wrote (516)4/26/1999 8:44:00 PM
From: gridiron 99  Respond to of 1285
 
Today's actions seem to signal a strong rebound for VRSN. Investors are not stupid. They know a good buy when they see one. I especially like the buy of 30K of VRSN shares at the close. I jokingly guess it must have been the big purchase by one of Mary Meek's clients.

No doubt, VRSN is the most volatile Net stocks I've ever held. I got in at 156, right before the April 19 correction. So I am still looking forward to breaking even. Since my purchase, I have never been worried about this stock because regardless Internet correction, Mary Meek's downgrade, fundamentals of VRSN is still the same. They showed in last report that the growth is still strong. They are still the leader in their field. Oh, yeah, we still have a split to look forward to. I have no doubt that I will have broken even by May 28, the split date.