To: John Chapman who wrote (4813 ) 7/5/1998 8:30:00 PM From: JOE TURMAINE Read Replies (1) | Respond to of 7491
John, it looks like S4T is showing a renewed interest in CASHCO!! >>CASHCO MANAGEMENT (CSHK) $.22 on 507,000 shares. There was another news release on Thursday which made the stock move up nearly 50%. We have the press release in this update. If the positive volume continues, we could see a move back to at least the $.40-.50 area or higher if the good news continues. The stock has been down on light volume, so it was good to see big volume with the increase in price. Cashco Management, Inc. (OTC BB:CSHK) announced today the latest version of the Company's Y2K analysis software, 11th Hour, has been released for volume CD ROM fabrication. Major sales and marketing efforts in strategic markets is currently being rolled out. An updated test drive of the product representative of this release will be available on the Zitec website, (www.zitec.com) after July 1, 1998.A prior version, first released via the website is still available. Orders for product may be placed via the website. The Company has implemented a NFR (Not for Resale) program for dealers and set a target of July 15, 1998 to commence shipment of a NFR product to dealers. Additional details about the program will be made available over the next two weeks. Cashco has also committed to providing a full version of the program for download via the Internet on zitec.com prior to the end of July 1998. Volume shipments of the CD based product will commence August 1, 1998. Details of the Integrators, VARs (Value Added Resellers) and VAD's (Value Added Distributors) version, as well as corporate and government site licensing programs are in development and will be made available prior to September 1998 or sooner. Based on orders in hand and pending, The company is confident in projected earnings of $.03 per share for the period ending December 31, 1998. Cashco Management, Inc. is an information systems management company.. CONTACT: Cashco Management, Inc. Alan Laffkas 610/458-9540 or The Pinnacle Group, Mark Cohen 718/428-7651 JOE