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Technology Stocks : CustomTracks Corporation (CUST)
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To: Glass House who wrote (1349)7/8/1999 5:20:00 PM
From: dumbmoney  Read Replies (1) of 2514
 
Listening to the conference call, I was struck by how little Cook knew about the competition or the target market. Many times he was asked to contrast ZitMail/ZitCharge with existing solutions, and he couldn't do it. He simply didn't know anything about the existing products.

When he was asked about key escrow, Cook made a remark along the lines of, "unless you're an international terrorist you shouldn't care whether the NSA can read your email", which tells me he didn't do any market research. Keyword: Clipper.

Cook disclosed that this Zix stuff came about when CustomTracks purchased a (one-person?) company in LA last December that was working on some cryto software.
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