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Technology Stocks : CyberCash a buy?

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To: Lee who wrote (1905)8/25/1998 12:18:00 PM
From: TLindt  Read Replies (2) of 3990
 
Well Lee they answered our projections in this press release, and I just tripled my position...the numbers are what I had hoped for in the December Quarter and are ocurring now....

''At the end of 1996, CyberCash had about 280 merchants,'' said Jim Condon, CyberCash's Chief Financial Officer. ''Today, we're adding more than that every two weeks. The growth in merchants is naturally having a tremendous impact on our transactions, which are nearly one million per week, up more than 150 percent since January first. That follows a 180 percent increase in merchants since January 1, 1997,'' he said.

Nearly a million a week is nearly 13 million a Quarter..we had hoped for a straight line ramp to 12.6 million by 12/30/98.

biz.yahoo.com
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