Verisign's (NASDAQ:VRSN) business model is weakening and not strengthening as the management would like investors to believe. Cashflow from Operations which is the most important metric for a serial acquisition company continues to be unimpressive and hints that many acquisitions have been less than successful. Deferred Revenue also remained fairly flat which was a worrying sign on the services side of the business.
I remain short the stock (see original post).
VRSN 1-yr chart:
VRSN's most recent quarter-ending conference call transcript.