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Technology Stocks : CyberCash a buy?

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To: vampire who wrote (3944)1/8/2001 3:47:03 PM
From: TLindt  Read Replies (1) of 3990
 
>>>Actually EPS is easier to inflate with "accounting tricks" than cash flow

That's why I have always wondered about transactions. Kinda hard to play tricks with those. From what I've read 23% more consumers shopped, this year then last; their number of individual transactions increased from 4 to 6, a 50% increase. That would put the level at 40 Million.

In any case, the number is going to be 60% to 80% of all of last years total transactions this quarter.

I think the target Chase had for them was 7 Million Gross this Quarter, and they were waiting to see if CYCH would hit that number...before getting into the Network 1 analysis.

At 30+ Million transactions they sould hit that 7 Million, but they might just hit 40 Million or better because the average spent per transaction this season went down, even while money spent more then doubled.

I would think that with 49 Million Holiday shoppers this season each doing 6 transactions from the first of October to the End of December...300 Million. And CYCH has a 15% share of that...by and large in volume. That would be like 45 Million share~~6.3 Million in tranactions revenue, 2.6 Million in Software....could be 8.9 Million Gross Revenue too. That would be the high side.

I wish if they were coming in over Chase they would just pre-announce they were trouncing the estimate this Q and be done with it. That would be a nice change...
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