To: jhild who wrote (3736 ) 6/3/1998 12:16:00 PM From: Janice Shell Read Replies (2) | Respond to of 7491
Shall we return to Mark's puff of CSHK in S4T? A kind friend sent the full text:STOCKS FOR TOMORROW stocks@flinet.com 6-2-98 ...CASHCO MANAGEMENT (CSHK) $.265 issued the following press release late on Tuesday, and this could start a major change in sentiment and direction in the price of the stock. In one press release they have shored up several perceived weaknesses in the story behind the Company. The order from Zitec for over $1 million worth of Cashco's Y2K software, 11th Hour shows that there are real sales and several other orders are being negotiated. The website where the software can be purchased online will be operational before the end of the week. The Company has also retained The Pinnacle Group 718-428-7651 to handle investor relations. This allows a more efficient flow of information to investors and lets management focus on the business at hand. We should start to see a move back up in price with first resistance in the $.40-.50 area. There will be additional news releases as new contracts and orders are signed. I look for several other software deals to be announced in the next 30-60 days. The most interesting phrase is this one: The order from Zitec for over $1 million worth of Cashco's Y2K software, 11th Hour shows that there are real sales and several other orders are being negotiated. First, it seems that Schultz believes the order for 40,000 units is from Zitec rather than from IntellAgents. In what way, exactly, is this a significant deal? Zitec is, after all, supposed to be CSHK's distributor, no? Second, in what way does the order from Zitec "show" that several other orders are being negotiated? Huh?