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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?

To: jhild who wrote (5625)	9/23/1998 3:00:00 PM
From: John Chapman	Respond to of 7491

I understand that they have not received any cash in flow yet for the software. I guess one could say that none have been sold yet if you define the word sold to include receipt of the sales price. Also, at this point I would have to agree with you that one is guessing at the value of Cashco with only estimates and business plan projections to go on. Evidently IDFR thought there was value in Zitec by acquiring them. Also, whoever has been buying IDFR shares lately must think well of the Zitec addition. If Janice is correct, Zitec is selling one product at present-Cashco's software. So the added value being given by recent buyers of IDFR stock must be attributable at least in part to the value they see in the Cashco Y2K product. Heck, you are right. We just do not know much of anything based on historical facts. It is all future guestimates.