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Technology Stocks : CyberCash a buy?
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To: jjs_ynot who wrote (3368)4/26/1999 11:19:00 AM
From: Paul Weiss  Read Replies (2) of 3990
 
Dave- I'm afraid you're looking at sequential quarters. Previous Q included a huge surge from Holiday shopping. So, maintaining that level during the first Q is, well, very positive. Year over year, revenues increased almost 400 percent. My take... pleased with the quarterly report, concerned by stock's current price. I believe this to be a first tier internet stock, valued at second or third tier prices. To say that CYCH is worth $100 per share is fair only in the context of other internet stock valuations... but unless the internet cools significantly, I perceive this to be the best value in the sector. A major sector sell-off would neccessitate a re-evaluation. Hold long and prosper, Paul
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