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Technology Stocks : CyberCash a buy?
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To: King David who wrote (3981)2/27/2001 8:42:21 PM
From: TLindt  Read Replies (1) of 3990
 
I'm not selling any....I want to see what happens.

I thinking musseling out card processors on the 2% or whatever it is, could be effective....in more ways then one.

It could prompt a buyout if nothing else....50,000 merchants and a market cap of >$25 million...what's the math?

Let's see 50,000 goes into a million 20 times. And 20 x 25 is $500 a merchant. And if they get 2% a transaction on merger....50 times 500 is $25,000. That is what each merchant has to do in sales to return Market Cap on an annual basis...$2k a month, $500 a week, $83 a day.

I'll take them odds...
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