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


To: chirodoc who wrote (2392)11/27/1998 11:41:00 AM
From: Jim Fraser  Read Replies (2) | Respond to of 3990
 
Don't forget CYCH touched 60 as well. And yea, I'll settle for 40 for this puppy! But I want it by mondays close!

The speculation actually has some basis. e-commerce is really starting to ramp up, some are saying it will start having an impact on the "brick and mortar" retail business sooner rather then later. The projections of people buying stuff (all kinds of stuff) over the net is mind-boggling.
The general public is getting more comfortable with secure internet transactions. Remember back when ATM's hit the street? Folks were afraid to touch them as there could be problems dealing with the machine and did not want to risk losing their hard earned $. In a couple years e-commerce will be like using ATM's today.



To: chirodoc who wrote (2392)11/27/1998 12:15:00 PM
From: PeterR1700  Read Replies (1) | Respond to of 3990
 
Doc - the timing of your purchases are impeccable.
I slightly disagree with your "speculative" boom theory. Perhaps short term - yes - but longterm I'm thinking the e-commerce thang is really real.
BVSN is up big time today as well.
In closing...I will never eat again...I will never eat again...I will never eat again...

Gobble, Peter



To: chirodoc who wrote (2392)11/29/1998 10:41:00 PM
From: TLindt  Respond to of 3990
 
>>>1/3 of my portfolio is in the internet sector

I have 90% in it now...but a month ago it was 50%. Another week of this and I'll be over my 95% limit and have to go back to cash. I wish the rally would last into January so I wouldn't have to pull the trigger before year end...and pay a bunch of taxes...but shucks....I can always catch the next wave and pay the 1998 taxes with a march 1999 rally.