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Technology Stocks : CyberCash a buy?

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To: john shoemaker who wrote (2772)1/23/1999 3:58:00 PM
From: Paul Weiss  Read Replies (3) of 3990
 
Uhhmmm, I've dug up a few nuggets about CYCH. We all know that First USA Bank, N.A. holds 2.2 million shares of company stock. But who or what is First USA, exactly? Answer: As a subsidiary of Banc One, they are the largest issuer of VISA and Mastercard credit cards in the US. Also Softbank Holdings owns just under a million shares. Uhh, who? Softbank... the American branch of a technology based Japanese corp. that invested heavily in Yahoo in '96 (as an example). Softbank, as near as I can tell is a premier Asian entity with partners such as Cisco, Intel, Novell. This is an interesting partner... they provide growth opportunities AND connections to serious market movers. Regards, Paul
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