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


To: jabbo who wrote (1254)4/28/1998 1:32:00 AM
From: bundashus  Read Replies (1) | Respond to of 3990
 
I thought cych has done very well over the last week. We have held our ground against last week's internet sell off and todays interest rate scare. The smart money most be hold their shares.



To: jabbo who wrote (1254)4/28/1998 11:46:00 AM
From: AugustWest  Read Replies (1) | Respond to of 3990
 
and just to keep it objective:
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SAN JOSE, Calif., April 27 /PRNewswire/ via NewsEdge Corporation -- Looking for a solution to support its rapidly growing Internet-based transaction needs, Value America, an online membership retailer, has selected Segue Systems to replace CyberCash as its transaction processing manager.

Value America will use SegueManager, a fast, reliable and scalable service based on high-end client/server technology. SegueManager can support very large transaction volumes in real time.

Value America is an online retailer offering its members a variety of products for home or business at discount prices. It is sustaining significant monthly growth, and projections are for over 300,000 transactions per month. At this rate, it will simply outgrow its CyberCash system.

Looking for a service that could provide an uninterrupted rapid response at lower cost, Value America turned to Segue after it benchmarked large transaction volumes at an average of less than 10 seconds each.

"The SegueConnect software is done our way and is a natural complement to our NT and IIS platforms. Other solutions still require a CGI or Perl interface," said Joe Page, Value America's chief technology officer. "Equally important is service, attitude and response time. Segue has demonstrated the ability to respond with an answer within minutes or hours. "

SegueManager is a service providing an automated payment processing system for Internet merchants. As a service, Segue allows its customers to focus on the front end of their online stores, assured that Segue will keep back-end transaction processing reliable, fast and easy.

"Our service is based on speed, scalability and reliability," stated Chuck Ramey, Segue president. "While SegueManager can serve the small merchant, it can just as easily meet the significant processing demands of larger merchants like Value America. In both cases, we guarantee our merchants will never see a false negative and never lose a transaction in cyberspace. "

Value America, an innovative online retailer of high-quality, brand-named products, brings the world's best store directly to the customer's home or office. Detailed and entertaining multimedia presentations about products ranging from jewelry to housewares, computers to consumer electronics, can be found and orders can be placed at < www.valueamerica.com >.

Segue Systems, Inc. is an Internet-based business service company. It has developed services to meet the commerce requirements of the rapidly growing Internet consumer market. Information about Segue Systems can be found at < seguesystems.com >, by emailing info@seguesystems.com, or by calling 408-260-3260.

NOTE: Segue Systems is a trademark of Segue Systems, Incorporated. All other trademarks are the property of their respective owners.

SOURCE Segue Systems, Inc.

/CONTACT: Colleene Isaacs of Segue Systems, Inc., 408-260-3263, or fax, 408-260-3261, or cisaacs@seguesystems.com; or Susan McCulley of Value America, 804-817-7661, or fax, 804-817-7882, or smcculley@valueamerica.com/ /Web site: onanalysis.com

[Copyright 1998, PR Newswire]
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