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Technology Stocks : CyberCash a buy?
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To: TLindt who wrote (3130)3/26/1999 10:54:00 AM
From: axp  Read Replies (1) of 3990
 
>> So if they grew 275% last year that means they started 1998 with
>> about 3400 merchants x 2.75 = ~9400....or grew 6000 merchants/12
>> is about 500 a month.

Don't forget that 100% growth is a double. So you'd have to begin 1998 with about 2500 merchants X 3.75 = ~9400 .... or grew by about
575 a month.

Doesn't change the point however, which is incredible growth.
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