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Technology Stocks : CyberCash a buy?
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To: Mark A. Palma who wrote (2651)1/8/1999 10:24:00 PM
From: Frederick Langford  Read Replies (1) of 3990
 
I'm sorry everyone won't see both shows in sequence. Abby Joseph Cohen was terrific. She's still VERY bullish and said 'this year the U.S. economy will be SupertankerII'. From my point of view Abby set a perfect stage for the Annual special.
Alot of people and especially fund managers actually put as much stock in the management of a company, as they do the sector. CYCH's CEO got a tremendous build up by Louis R. His conservative approach fit nicely. He emphasized that, up until recently, there has not been enough selections to attract people to e-commerce in large numbers. And that the huge increase we have recently seen, has finally given us the variety of selections necessary to attract large numbers. Most importantly, he emphasized that the amount of e-commerce has tripled since 1998 and would continue to triple year over year for the foreseeable future.
Sounded good to me.
Fred
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