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Re: [ga] Verisign (VRSN) hits new 52-week low
On 02:03 p.m. 4/10/2002 -0700, George Kirikos said:
>Hello,
>
>No, not a new low in marketing, or abuse of their monopoly -- this
>time, it's their shareholders that get to reassess the "The Value of
>Trust". That value is 7.5% less than what it was yesterday, and a lot
>less than in 2000. To see the carnage, visit:
>
>http://finance.yahoo.com/q?s=VRSN&d=c&k=c1&a=v&p=s&t=2y&l=off&z=l&q=l
To look at this as an opportunity: This is the time that an organization of
Domain Name registrants can become a VRSN shareholders' pressure group on
the cheap at $4.55 a share.
If they manage to turn VRSN 's image around by forcing its Board to
implement more "trust"worthy business tactics they will get their
financial reward as well.
As the avenues into ICANN are being closed off, angry shareholder input at
the annual meetings of the 'dot com people" may actually have more chance
to influence Domain Policy towards a more customer/nameholder-friendly way.
--Joop
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