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Technology Stocks : CyberCash a buy?

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To: Mr. Park who wrote (2528)12/19/1998 6:06:00 PM
From: Paul Weiss   of 3990
 
I.C.-- Lookin' at the chart and the price appears to be consolidating just above the 200 day moving average. There can be no guarantees that it won't fail this average, but it is much more likely that the current price is support level. I see this as a very bullish pattern. Even though this market is scaring the crap out of me (and I'm raising cash), I think CYCH is one of companies I'll hang on to. Basically, I believe in the CYCH story and don't want to miss the anticipated run up. Technicals support my view that the time frame COULD be quite near. And if I'm wrong? Well, I still believe that the prospects are better than mediocre. Holding CYCH through a setback wouldn't be all that difficult. Regards, Paul
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