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Technology Stocks : CyberCash a buy?
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To: PeterR1700 who wrote (1738)7/16/1998 1:27:00 AM
From: Scott Loftesness  Read Replies (2) of 3990
 
While I find the IBM announcement significant, I find it interesting that no one has also commented here on the $15 million in preferred stock financing that CYCH also announced today.

For common shareholders, this additional preferred issue ultimately represents additional dilution -- not exactly something the common shareholders should be too happy about!
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