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


To: gridiron 99 who wrote (572)5/20/1999 10:03:00 PM
From: MSB  Read Replies (1) | Respond to of 1285
 
In short, I think VRSN has a good chance of closing at 156 after next Friday's trading session.

Pessimistic by nature and having only owned the stock at $111 prior to the drop to 92, I'd be really surprised if it doesn't fall back here a bit.

Seems to me we've had a pretty good run and a little retracement would be in order (although, hey, I'm all for every day being an UP day).

Also, doesn't a stock as a rule usually fall after a split?

Still, with the "Research" link after the Yahoo quote showing .02 for the year of 1999 and .52 for the fiscal year ending 2000, I'd be quite satisfied to put this one in the "no trading" drawer and let it ride.

These guys must be doing something right. I can't imagine the possibility of a split adding this much to a stock's price.

Long,

Mike