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Technology Stocks : CyberCash a buy?

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To: Raven McCloud who wrote (2246)11/12/1998 9:10:00 PM
From: jjs_ynot   of 3990
 
Easy question first.

1) 4th qrtr will determine if the corner has been turned. CYCH is replacing INSTABUY and onsite purchases as their revenue stream vs. the cybercoin and cyber wallet which never really caught on (see the result in FVHI getting out of the bus. and DIGICASH Ch. 11).

2) CEO Melton has stated that revenue will grow to 15 to 20 million this year which implies a yr. over yr. growth of 300 percent. Again this qrtr indicated that they are on-track. 4th qrtr again will be the key milestone. They need to book about 8 to 10 million in revenue in 4th Q to meet projections.
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