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Technology Stocks : CyberCash a buy?

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To: Mark Fowler who wrote (831)4/4/1998 1:00:00 PM
From: TLindt  Read Replies (4) of 3990
 
If it was priced with a PE equal to its growth rate for '99s est. earnings, then Cych should be trading at $93@ per shr. Most of these internet IPOs are trading well above there estimated long term growth rates right now and are not expected to turn profitable beyond yr 2000. I think this hidden gem will start to shine soon when the hype wears off.

I agree.....I've been debating adding. Simply because the revenue stream is small and needs to grow, but that is the risk of CYCH. And if you are 1/2 right on your $93 a share, or even 1/4 right. You have about as much ceiling as you do floor....and that is assuming they blow the 1999 number and only come in with 30~ cents. Which means they would have to miss that target by a mile for you to lose?

Thoughts.......anybody? In at 10 3/8.....and thinking about adding.
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