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Technology Stocks : CyberCash a buy?
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To: Tom Hua who wrote (971)4/14/1998 11:35:00 PM
From: TLindt  Read Replies (1) of 3990
 
Mark, thanks for the update. Can you clarify what the 1.5 M is in reference to?

As John already pointed out a few days ago, fees for overseas deals were are large part of 1997 revenues.....transactional revenues we small in comparison.....I believe 13% of last years gross..

What we have been trying to measure here today is the transactional revenues being generated.......because that number has been doubling, and needs to continue doing so on a Quarterly Basis for this ship to get off the ground.

the old story about.......would you like a Million Dollars...or I'll give you a penny today...and double it every day for a month...which one do you want? Simple point I'm trying to make is transactional revenues will be huge by years end if they keep up this doubling program.
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