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Microcap & Penny Stocks : CustomTracks Corporation (NASDAQ:CUST)

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To: John S. Baker who wrote (3)11/9/1998 8:19:00 PM
From: John S. Baker  Read Replies (2) of 48
 
News: biz.yahoo.com

CUST sells its CardKey Systems to Johnson Controls for about $41 million in cash.

According to the release, CUST will then have $80 million in cash or equivalents, with 14.9 million shares outstanding.

If I figure right, at today's closing price (4 3/8), that's like buying dollar bills for 81 cents each.

What am I overlooking?

JSb.
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