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Technology Stocks : CustomTracks Corporation (CUST)

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To: Tom Hua who wrote (1578)7/19/1999 11:21:00 PM
From: sargent  Read Replies (1) of 2514
 
OK - talk to me when there is any selling, and no buying.

Smoke and mirrors companies don't see insider buying like this. Stock options - yes. Personal money - no.

Not a lot of companies out there, period (if any), that have a zero revenues but insiders are backing it with millions of their own cash. Let me know if you are aware of any others.

You bash Cook for not buying in recent months (he has bought in the past). Of course, you discard Sanchez's buying spree (I don't hear mention of that fact when it comes the shorts rationale).

Then Cook buys stock in the open market, on top of all the options he owns, with his own money, and you perceive this as a negative because it is only a meager $200,000. PR move - yea right. Like he spent $200K trying to fake everyone out to buy a few more days/weeks before they announce they really have nothing. I believe he cannot sell these shares for 6 months. Sanchez can't sell the last $2mil he spent (quite a bit before that also) until mid-October. These guys didn't get this money in the first place playing a mean game of poker, last time I checked.

I think you need to lose that lovin' feeling....
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