SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jhild who wrote (3736)6/3/1998 12:16:00 PM
From: Janice Shell  Read Replies (2) of 7491
 
Shall we return to Mark's puff of CSHK in S4T? A kind friend sent the full text:

STOCKS FOR TOMORROW
stocks@flinet.com

6-2-98

...CASHCO MANAGEMENT (CSHK) $.265 issued the following press release late on Tuesday, and this could start a major change in sentiment and direction in the price of the stock. In one press release they have shored up several perceived weaknesses in the story behind the Company. The order from Zitec for over $1 million worth of Cashco's Y2K software, 11th Hour shows that there are real sales and several other orders are being negotiated. The website where the software can be purchased online will be operational before the end of the week. The Company has also retained The Pinnacle Group 718-428-7651 to handle investor relations. This allows a more efficient flow of information to investors and lets management focus on the business at hand.

We should start to see a move back up in price with first resistance in the $.40-.50 area. There will be additional news releases as new
contracts and orders are signed. I look for several other software deals to be announced in the next 30-60 days.


The most interesting phrase is this one: The order from Zitec for over $1 million worth of Cashco's Y2K software, 11th Hour shows that there are real sales and several other orders are being negotiated.

First, it seems that Schultz believes the order for 40,000 units is from Zitec rather than from IntellAgents. In what way, exactly, is this a significant deal? Zitec is, after all, supposed to be CSHK's distributor, no? Second, in what way does the order from Zitec "show" that several other orders are being negotiated? Huh?

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext