We derive an expression in closed form for the action of a finite elem
ent of the Virasoro group on generalized vertex operators. This comple
ments earlier results giving an algorithm to compute the action of a f
inite string of generators of the Virasoro algebra on generalized vert
ex operators. The main new idea is to use a first order formalism to r
epresent the infinitesimal group element as a loop variable. To obtain
a finite group element it is necessary to thicken the loop to a band
of finite thickness. This technique makes the calculation very simple.