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


To: majormember who wrote (2661)1/9/1999 3:29:00 PM
From: Ted M  Respond to of 3990
 
Objectively, Rukheyser preceded his introduction of Mr. Melton with mentioning that some internet companies haven't done so well in contrast to his previous guests. I don't think he was projecting anything for the future prospects at all. Rather, as a journalist he was exploring the reasons why CYCH hasn't lived up to early expectations. That was the point of the interview--not some ringing endorsement for the future.

I think Mr. Melton addressed that point well, indicating that the market moves at its own pace. However, he pointed out that projections are for the next two tripling years back to back, which equates to a nine fold increase in 2 years! The market is waiting to see, and the interview will just add more people to that waiting list. If CYCH succeeds, we will be rewarded nicely IMO. Ted