To: John Chapman who wrote (4017 ) 6/7/1998 12:40:00 PM From: jhild Read Replies (2) | Respond to of 7491
So John, here is some excerpts I believe from the Stocks4tomorrow newsletter. It is fascinating to look at the schedule for the Tiger Paws that apparently has been renamed to Paws Only , that was slated for February. Clearly the writer of the newsletter, must have been talking to CSHK management to get this information. Isn't it amazing how this product is now scheduled for August? I am also struck by how the projections for the software back at the end of January have been whittled down to 40,000 in 90 days, maybe sooner, maybe longer. (It may take more than 90 days, it my take less. ....my crystal ball is fuzzy at the moment. #reply-4731246) To achieve 12M units in sales, they need to do 50K roughly every two days business days. If expectations are reduced at the current rate or erosion . . . Heaven knows how small the projections of actual sales will become.1-28-98 SPECIAL UPDATE CASHCO MANAGEMENT (CSHK) $.17-.18 on 283,000 shares. Look for an announcement from the Company's talks with a Florida software company in regard to the acquisition of Year 2000 diagnostic software. The most conservative numbers for this product show profits of $.50-.75 per share over the next two years. The proformas are much higher than that. This product is not only a huge cash producer, but it can be in the marketplace in 30 days and gives CSHK a much higher PE multiple. The roll out of the Company's Tiger Paws product in February should bring in excess of $.20 per share in profits based on sales of $15 million in 1998. The stocks is currently at a 1998 estimated PE of less than 1. Trading above $.25 should get the stock on course for $.50 and then at least $.75. On our initial recommended the stock it ran from $.20 to $1.00 in just a few days. We will have more info for you on Cashco in the next day or two. 1-28-98 CASHCO MGMT. (CSHK) $.16 on 396,000 shares. We will have a full report this weekend on the stock after we received additional information on both the rollout of their new Tiger Paws product in February and the letter of intent on the Year 2000 software. CSHK projects sales of over $15 million in 1998 with a 24% profit margin. That would give the company earnings equal to the existing share price. The meeting with the software company went very well and we should see a letter of intent in the next few days. The acquisition of the Year 2000 diagnostic software that we have previously mentioned has huge potential in the very topical area of the Year 2000 problems. The main product gives the user a complete rundown of the compliance of both the software and hardware with the Millenium Problem. The market for this inexpensive software is over 12 million copies in the next two years. There is a huge earnings potential for this product areas running from PCs, Point of Sale, ATMs and any other system that uses 286, 386, 486 or Pentium technology. Using numbers less than 1/2 the proforma gives us profits in excess of $.50 per share. When the full details are available, we should see a major move up in price. There has been one constant seller over the past 30-60 days and there should be a very sizable short position. The Company and those close to them have been taking delivery of their shares and there should be a resolution of the selling very soon. Trading above $.25 will be a major breakout.