CustomTracks Corporation (CUST) Message Board

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Technology Stocks : CustomTracks Corporation (CUST)

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To: Jon K. who wrote (1343)	7/8/1999 8:33:00 AM
From: GregS	Read Replies (1) of 2514

It wasn't until I read the most recent 10-Q that I realized how weak CUST is. Highlights: 1) No revenues 2) No customers 3) Subcontracted developed of new product. This one really bothered me. It's not too unusual to subcontract some portion of development work, but normally only a piece, not the entire project. Also, maintenance work is subcontracted more often than an entire development project for a product that should define the company's future. 4) Conf call yesterday helped investors realize that these guys have almost no chance to pull this off. Look for 144's to be filed soon.

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