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


To: PeterR1700 who wrote (1901)8/21/1998 11:42:00 AM
From: TLindt  Read Replies (2) | Respond to of 3990
 
>>Tom - I definitely agree that heavy volume coupled with declining price is gonna be bad, bad news. Is this what you're talking about re: previous quarters?

No this is what I was talking about.....On the operating side, CyberCash reported that its transaction and merchant volume in the second quarter had increased to new levels. As of June 30, 1998, merchants were using CyberCash's services to process over 2.5 million transactions per month, up from 2.0 million transactions per month for the first quarter of 1998 and 1.5 million transactions per month for the fourth quarter of 1997. This growth in merchant signups and transaction volume occurred despite market uncertainty over the announcement of the ICVERIFY acquisition and the introduction of CyberCash's new pricing model for its Internet payment services.

From the quarterly....1.5 Million a month is 4.5 Million a Quarter in the December 97 Q. 2.5 Million a month is 7.5 Million a Quarter 6 months later June 30th... So the benchmark I put on this thing is 12.5 transactions in the 12/30/98 quarter...same level of growth. Anything much better than this would be good.

I guess why I brought that up...Is I'm considering they addition of some more CYCH shares.