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

To: Ave Joe who wrote (552)	5/8/1999 11:22:00 AM
From: Patriarch	Respond to of 1285

Legislators push digital signature approval By Bloomberg News Special to CNET News.com May 6, 1999, 3:25 p.m. PT WASHINGTON--U.S. lawmakers introduced legislation designed to promote online commerce by giving electronic signatures the same legal validity as hand-written ones. Companies such as America Online and Microsoft claim the measure would make it easier to verify identities of buyers and sellers on the Internet. Charles Schwab also supports the bill introduced in the House of Representatives today, claiming it will facilitate stock purchases on the Web. The Commerce Department projects that retailing on the Internet could reach $30 billion by next year, though officials have said privacy protection and security concerns could hamper that growth. Some states have different laws regarding so-called digital signatures, and a national set of rules will encourage their use, proponents say. "This bill will help promote electronic commerce by giving consumers and businesses greater confidence and peace of mind about their online transactions," said House Commerce Committee chairman Tom Bliley (R-Virginia), one of the bill's cosponsors. The Senate is considering a similar measure. Last year, Congress approved a measure that required federal agencies to start using digital signatures for online transactions. "Providing legal certainty to electronic signatures and records will encourage the acceptance and use of electronic authentication," AOL general counsel George Vradenburg wrote in a letter to Bliley dated today. The new bill doesn't advocate any specific digital-signature technology, though it's likely to benefit companies such as VeriSign, which makes software that helps provide secure transactions on the Internet. The House measure would allow digital signatures to be used to verify any contract or agreement for "interstate or foreign commerce." The bill also requires Commerce to examine rules on digital signatures in other countries and to promote their acceptance worldwide. Other sponsors of the bill include Reps. Mike Oxley (R-Ohio), Billy Tauzin (R-Louisiana), and Tom Davis (R-Virginia). Copyright 1999, Bloomberg L.P. All Rights Reserved.

To: Ave Joe who wrote (552)	5/10/1999 9:06:00 AM
From: Jean Sutherland	Respond to of 1285

VRSN has 90% of the market. They show positive growth numbers over the next five years. They could also be a takeover candidate - Network Solutions ???

To: Ave Joe who wrote (552)	5/10/1999 3:29:00 PM
From: Jon Stept	Read Replies (1) \| Respond to of 1285

Ave Joe, re:"I was sold once I saw their client list." Hi Ave Joe, Me too. Once I saw that they are the leader in internet certificate security and the clients that use them and their competition, I was sold. They are like the Intel, Mircosoft or Cisco of their industry. And security is a bedrock component of the internet... they are my number favorite pick in the internet e-commerce sector after AOL and Cisco. Knowing this tends to give me peace of mind during those volatile periods which is quite frequent with this stock. They are very visible in the business community... their visibility in the retail community is not very high... kinda like Cisco. Retail visibility is not required, except maybe as I think you suggest, as an industry/public service campaign to educate the public regarding internet security. I would not be surprised if they are already part of a coalition that monitors consumers attitudes in regards to these issues. JMO Jon :)