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


To: AugustWest who wrote (855)4/5/1998 1:47:00 AM
From: Manx  Respond to of 3990
 
From: SEC 10K: Too few sources of income (which, generates future uncertainty for income streams) may show why CYCH price is not catching up with the other e-Commerce companies, which are riding high:

"11. MAJOR CUSTOMERS AND GEOGRAPHIC INFORMATION

The Company's net revenues in 1997 were primarily from three customers who have licensed CyberCash technology for use in foreign markets and who provide services in the banking and transaction processing industries. Revenues from these customers totaled approximately $2,045,000 (46%), $1,028,000
(23%), and $597,000 (13%). As of December 31, 1997, substantially all of the Company's accounts receivable were due from these three customers.

The Company's net revenues in 1996 were primarily from four customers who provide services in the banking and transaction processing industries. Revenues
from these customers totaled approximately $35,000 (28%), $30,000 (24%), $22,000 (17%), and $20,000 (16%). As of December 31, 1996, substantially all
of the Company's accounts receivable were due from these four customers.

During 1997, the Company's net revenues were generated in the United States (34%), Europe (53%) and Japan (13%). During 1996, all the Company's net
revenues were generated in the United States.

As of December 31, 1997 and 1996, the Company's identifiable assets were primarily located in the Company's offices in the United States (92%) and India
(8%).
"

See: sec.yahoo.com



To: AugustWest who wrote (855)4/5/1998 3:02:00 AM
From: Manx  Read Replies (1) | Respond to of 3990
 
10-k405 reports total employment of 227 of which only 129 are in the US.
"EMPLOYEES

As of December 31, 1997, the Company had a total of 227 employees, 129 of whom were based in the United States. The Company anticipates that it may increase the number of its employees in its subsidiary in India but does not anticipate any significant increase in the number of its employees in the United States in the near future. None of the Company's employees are represented by a labor union. The Company considers its relations with its employees to be good. "