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


To: JR Medlar, 2nd who wrote (1083)4/17/1998 1:07:00 PM
From: Manx  Read Replies (1) | Respond to of 3990
 
Are we going to see $14 a share again? If the massive advertising expenditures, which Cybercash has incurred during the last few months, are taken into account, then they may miss their EPS estimate...i.e., their cost may exceed the $7.5 million dollars, which were allocated in their budget, hence missing their EPS estimate! The Washington article (refered to in the past) & Prudential cutting CYCH to hold also support this speculation.



To: JR Medlar, 2nd who wrote (1083)4/17/1998 1:10:00 PM
From: Tom Hua  Respond to of 3990
 
Does anyone have Level II to see if Prudential is buying or selling? My guess is they downgrade CYCH in order to scoop up shares on the cheap.

Regards,

Tom