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Technology Stocks : CyberCash a buy?
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To: JR Medlar, 2nd who wrote (1083)4/17/1998 1:07:00 PM
From: Manx  Read Replies (1) of 3990
 
Are we going to see $14 a share again? If the massive advertising expenditures, which Cybercash has incurred during the last few months, are taken into account, then they may miss their EPS estimate...i.e., their cost may exceed the $7.5 million dollars, which were allocated in their budget, hence missing their EPS estimate! The Washington article (refered to in the past) & Prudential cutting CYCH to hold also support this speculation.
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