VeriSign, a Reston, Va.-based company that performs "root zone file management" of top-level domains won't be affected by the transition plans, according to an NTIA FAQ document. Neither will top-level domains associated with the U.S. government. The FAQ document explains that those domains "are not impacted by this transition as they are not part of the IANA and related root zone management functions."
US is giving up control of ICANN. Speculation over what role VRSN will play going forward. Will be interesting to see what the analysts make of it.
Nothing to worry, someone pushed wrong button and sold some shares like I did also on XIV shorting after hours 1500 shares. I was just plain stupid.
Ok I just covered my short thanks and learned a lot about VRSN Yes they did get dropped from IBD 50 but still have a respectable 91 rating so I sold some puts to pick up a long position hare at 52
Do you think it will hit $64 post earnings? I'm curious to see the action tomorrow with options expiration. As far as earnings, I think they'll just meet estimates but guide towards the high end of estimates for the year. Took some off yesterday. Will add on decent dips.
VeriSign announced that its earnings call for the fourth quarter and full year of 2013 will take place on Thursday, Feb. 6, at 4:30 p.m. (EST).
According to a release, the fourth quarter and full year 2013 earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EST) on Thursday, Feb. 6, and will also be available directly from the company's website.
Verisign will host a live teleconference call on Feb. 6, at 4:30 p.m. (EST), which will be accessible by direct dial at (888) 676- VRSN (U.S.) or (913) 312-1488 (international), conference ID: Verisign. A listen-only live webcast of the fourth quarter and full year 2013 earnings conference call will also be available. An audio archive of the call will be available online.
Sentiment: Strong Buy
They've been hacked as well. I googled" has verisign ever been hacked". Turns out they got hacked just 2 years ago. So comes to show if a thief wants your junk, he/she is gonna get it. All these encryptions are only to keep the honest person in check
Getting closer to my aforementioned Feb. $64 target. Expect announcements in next couple of weeks to push it there or higher, then go short for a sell the news event around $65-ish. short it to $58.50, then go long for a ride to around $70 by year end.
Interconnected devices/sensors require IP addresses.
"The ONS 2.0 standard (Object Naming Service), which is one essential element of Internet of Things, was published in December 2012 and ratified by AFNIC (French Association for Internet Naming and Cooperation) and by GS1 France. GS1 France is a research organization that drives the design of international standards for identification and electronic exchanges. This standard supports the establishment of a model of roots interoperable by country and bears technically all the geopolitical stakes of the sector. We all know that the DNS (Domain Name System) is a service that translates a domain name into several types of information, including IP addresses of the machine bearing that name. Similarly, ONS (Object Naming Service) ensures the object naming and routing queries. But the ONS 2.0 release breaks also one of the technical obstacles to its deployment within the ecosystem namely the absence of sovereignty in the object naming and the excessive centralization of the root server in the United States. Due to its proximity to the DNS, the ONS is operated by VERISIGN, an American company that manages top level suffixes and in Internet, as well as the primary server for the DNS root.”
Sentiment: Strong Buy
Know what your in for read the last news from IBD they note the falling rate of income Also you should know that the government holds back a lot of what they can charge for domain names and they are already too expensive and don't make anything that is tangible