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

To: AugustWest who wrote (704)	3/23/1998 11:56:00 AM
From: RocketMan	Read Replies (2) \| Respond to of 3990

Process 80% of internet credit card transactions? Ah, excuse me while I take out a second mortgage. Not really, can't handle that kind of risk. But if I could -- it's nice to dream :-) That article also discusses the problems of First Virtual. If you want to see a chart that looks like an airplane crash, look at that one. A couple of years ago, First Virtual was all the rage. Glad I didn't buy. I think the difference is that First Virtual tried to institute their own payment system, whereas CYCH is going after transactions with current credit cards. As people's worries about the security of internet credit card transactions lessens, this should be a great source of revenue. Good luck to us all, and I hope that First Virtual can pull out of the nosedive, even if I don't own any stock in it. I don't like to see anyone in eCommerce getting hammered that way.