CYCH - Time for another rally? Message Board

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Technology Stocks : CYCH - Time for another rally?

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To: Village Idiot who wrote (3)	10/8/1996 12:37:00 AM
From: Frodo Baxter	of 19

A market cap of 80 million??? They have a market cap of over 400 million! Take a closer look at the SEC filings on this dog. This company has basically given up on being a middleman in credit card transactions. Technologically, they are followers, not leaders. They had very little to do with the SET spec, which is now the standard. They are also being encroached upon by the likes of Microsoft, IBM, and Intuit. They are pinning all their hopes on CyberCoins (micropayment), but even the most optimistic projections cannot support their valuation. Since they only get pennies on each transaction, it'll take billions (with a B!) of transactions for them to live up to expectations.

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