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


To: Mark Fowler who wrote (907)4/12/1998 4:03:00 AM
From: TLindt  Read Replies (2) | Respond to of 3990
 
The chart looks, to me, we will see the 22 to 24 range near the end of the month.

Two things I'm looking at here.....

1) Last Quarters gross revenue came at 2 Million

2) CYCH delivered on their promise to keep expenses at 7.5 Million

That was 12/31/97..........This company is expected to experience break even by 12/31/98 by analysts estimates.

To do that CyberCash needs to grow revenues by nearly 300% in that 12 month time frame. IF they do hit that target it will be fully reflected in the price of our shares. This coming Quarters results are going to determine the pace of advance or lack of it from here.

Closing that gap in such a short period of time would be stunning indeed......then on to next years +$1.24 eps. I'd expect a stunning share price appreciation IF they deliver those results.

quicken.com



To: Mark Fowler who wrote (907)4/12/1998 9:52:00 AM
From: jabbo  Respond to of 3990
 
I have been accumulating since US$15.00 and intend to do so again on Monday. Dont mind upping my cost to $18.00 if next target is US$50.00