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Technology Stocks : CyberCash a buy?

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To: Walt Corey who wrote (3287)4/13/1999 4:45:00 PM
From: Jim Fraser  Read Replies (2) of 3990
 
>Who is accumulating? With 7 million+ shares traded, everyone is accumulating! Quite frankly IMO the news today was OK but is not what caused the jump. It was the trigger that brought the CYCH story into the lime light. This is the beginning, there is ALOT left in this puppy my friends. ALOT!
More news, COMDEX next week, and a positive earnings picture could launch this thing back to post IPO levels.
All this talk about the CFO/CEO feeling comfortable with the earnings picture (which still points to a loss for the year) but CYCH claiming that break even or positive by year end, this means upgrades my friends! The current rating is a hold+, come on...when that moves to a buy, brace yourself, you will need a neck brace to withstand the g-force.
Remember there is not that big a float on this thing so the ride could be abrupt.
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