Cybersource Looks After E BusinessBy
As a recent IPO among the bustling Internet crowd, CyberSource (CYBS) is still hopping. Offered at 11 a share on June 23 through top-notch underwriters led by Merrill Lynch and J.P. Morgan, the stock closed at 13 9/16 on the first day. It has since vaulted to 25. Some money pros expect the stock to double this year, based on the vast market for CyberSource's products, which include fraud prevention, global payment processing, and tax calculation services to online merchants.
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