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

To: Big Dog who wrote (3111)	3/23/1999 10:34:00 PM
From: Big Dog	Read Replies (1) \| Respond to of 3990

Today's News... (by: Butterfly_Spread (36/M) 16785 of 16787--Yahoo) Hello All: Today's [press release] was a very critical anouncement in the grand scheme of things. The key to Cybercash's profitability is not the individual relationships with various merchants (ie. Barnes and Noble), but rather strategic partnerships that will allow Cybercash to be the backbone of internet financial transactions at the root of e-commerce. The reality is that e-commerce will not become $200 billion in revenues with the current list of players (Amazon and the like). The $200 billion will be derived from the countless number of new merchants and current organizations that are thriving businesses but don't participate in web based financial transactions to date. We have not even seen the tip of the iceberg. The type of partnership that was announced today is precisely what Cybercash needs to drive it to profitability. The built-in relationship at the start-up of an e-commerce web site. Once the investment community catches on to this company look out. Today's action was in my opinion very bullish. The stock held its own in a terrible market. The volume was indicative of buyers cautiously entering the stock. April will be a very tough month for the market in general (earnings warnings [example: Coke], etc.), once the smoke clears my prediction is $100+ by July on over a million average shares per day. Watch the volume for the clue.