Friday, October 17, 2003
Fool.com: VeriSign Out of Solutions [Motley Fool Take] October 17, 2003
Fool.com: VeriSign Out of Solutions [Motley Fool Take] October 17, 2003
Well, Network Solutions is no longer under the thumb of VeriSign. That part of the business has been losing money, which is not too surprising. I'm not sure at all what Pivotal thinks they can do to change that, but they obviously think that it's worth a try.
Sad, in a way, to think that VeriSign sank $15 billion into NSI and gets $100 million out of it. Considering their rather 'cavalier' attitude about the Internet, treating it as a personal money machine, it seems like a bit of poetic justice. I wonder if the pennies they recovered from the company will make up for the megabucks they spent, in the eyes of the stockholders?
Well, Network Solutions is no longer under the thumb of VeriSign. That part of the business has been losing money, which is not too surprising. I'm not sure at all what Pivotal thinks they can do to change that, but they obviously think that it's worth a try.
Sad, in a way, to think that VeriSign sank $15 billion into NSI and gets $100 million out of it. Considering their rather 'cavalier' attitude about the Internet, treating it as a personal money machine, it seems like a bit of poetic justice. I wonder if the pennies they recovered from the company will make up for the megabucks they spent, in the eyes of the stockholders?
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