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Technology Stocks : CustomTracks Corporation (CUST)
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To: SLSUSMA who wrote (1784)8/2/1999 1:24:00 PM
From: J.Y. Wang  Read Replies (1) of 2514
 
Good question. I have been thinking about that for a while.

My decision is to hold my short position. Why? Because when CUST tanks, it's not going to say, "I'm going to tank. Get on the short train before I do so."

CUST is going to say, "I'm tanking and I'm tanking hard and fast. Longs are going to die before they can wake up and shorts are going to the bank whether they like it or not."

I don't want to miss that. I am also confident that CUST is a vacuous company with no future, so any pop to the upside will be very temporary. This stock market environment will also not eat up any more of the CUST visions-of-grandeur PR releases, conference calls, etc.

Remember what I said when CUST was kick the ass of shorts: Patient CUST shorts will be rewarded.
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