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


To: rhet0ric who wrote (647)3/17/1998 11:26:00 PM
From: Tom Hua  Respond to of 3990
 
And without a profit to its name yet, isn't it odd for CYCH to go
out and buy another company?


Not at all, IMO. Most internet and e-commerce companies are running in the red. But there's one thing in common among the so-called leaders, and that's expansion to gain market share and building a brand name. That's how Yahoo, Amazon.com, AOL etc started. I think, this merger positions CYCH as a front runner in the field of electronic payment processing. As the CEO said today, by the end of 98, the combined company will be ready to take-off.

Regards,

Tom



To: rhet0ric who wrote (647)3/17/1998 11:33:00 PM
From: raefon  Read Replies (1) | Respond to of 3990
 
Clearly Mr. rhetOric,...you need to review the press release. This is a very intelligent move, and although the stock is clearly extended, IMHO others in the market( likely the same ones who bought CYCH in the 60's <G>) will see the wisdom of this move and pay more for the stock thus creating wealth for you, and other thread participants, to spend and further boost our wonderful economy. There not doing this in Russia...Have a great night.



To: rhet0ric who wrote (647)3/18/1998 12:03:00 AM
From: michael c. dodge  Respond to of 3990
 
Its just you. <G> (No offense intended.)

Heck, Warren Buffet says its okay. I wish that guy would come around here, and tell everyone I was young and handsome.

Chased this stock for a week, and finally gave up and bought it this morning. Better lucky than smart. (Thanks, Raefon, again.)

This electronic commerce idea is too big, and will pervade just about everything I am interested in. The internet is like the telephone.....a means of communication that will change everything, everywhere. We need a posting of good websites in this area. I must have 6-7 lbs of stuff to read already.

This post is in the wrong place--sorry--should be on the Electronic Commerce thread.



To: rhet0ric who wrote (647)3/18/1998 10:20:00 AM
From: T.R.  Read Replies (1) | Respond to of 3990
 
In a business there are three basic ways to expand your market, technology, product line, etc. Develop it "in house"/sub-contract the work, form a strategic alliance or buy what you need. In weighing such a decision a company must decide which will be the most expedient method to achieve their goal. An even bigger question is will the market wait or move on to the competition. Additionally while a company may decide to "grow it in house" they run the risk of falling even further behind as the competition continues to hone their product. Then there is the process of trial and error, getting the right people, contracts with vendors, customers, etc.

IMHO CyberCash made the absolute correct move because in addition to all other items time is compressed in the technology world (A year becomes a month, a month becomes a week, etc, etc.) Things are moving way too fast to get caught in a temporary vacuum.

Now if CyberCash management is really smart they will NOT stick their fingers into the pie and try to mold the company to meet their perceptions. I believe they should, and will, allow the two companies to immediately share all the necessary basics to help ensure a quick update to the product. At the same time they should
allow the cultures of the two companies to blend with time. Unlike some other acquisitions this one does not appear to be a major shake up scenario.

T.R.