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Technology Stocks : CyberCash a buy? -- Ignore unavailable to you. Want to Upgrade?


To: Mel Spivak who wrote (615)3/17/1998 3:41:00 PM
From: Benny Baga  Respond to of 3990
 
From Yahoo:

CYBERCASH INC. (CYCH) 17 5/16 +1 3/8. The Internet-commerce company's lone ally has come to its assistance today with
bullish comments on the company's near-term outlook and a reiteration of its "buy" rating. According to Prudential Securities,
CyberCash could announce a major transaction over the next couple of days. The firm speculates that the deal will be either the
acquisition of core tools and technology or a bundling solution to increase the company's distribution. Whichever it turns out to be,
Prudential believes that the deal will provide a dramatic boost to the company's revenues. If there were ever a company in need of a
kick in the top-line, it's CyberCash. While recently picking up, the company's top-line growth continues to disappoint. But if
Prudential is correct and a wave of revenues is just off the coast, CYCH's currently lofty Price/Sales multiple of 42.41 could suddenly
start to look cheap.