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


To: Michael Berkel who wrote (848)4/4/1998 5:36:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 3990
 
>>A few reasons why CYCH hasn't taken off yet like all the others:<<

One important reason you left out: Internet commerce has developed more slowly than was generally anticipated at the time of the Company's initial public offering. As a result, the Company's revenues from transaction processing and other recurring sources have not grown as quickly as expected, and the Company has had to find other sources of revenue. However wide awareness of the internet, cheap PC's and technology advances are in place now and the Company has continued its efforts to establish a strong market position and to lay the right foundations for growth in recurring revenues if and when Internet commerce becomes substantial. If we choose to look, it's happen right now before our eyes.