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Technology Stocks : CustomTracks Corporation (CUST)
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To: Tom Hua who wrote (1670)7/25/1999 7:50:00 AM
From: ayn rand  Read Replies (1) of 2514
 
Here's that link:

fool.com

July 22, 1999

InterNOT Companies
by Yi-Hsin Chang

With the ongoing proliferation of upstart Internet ventures, it's not surprising that some of these companies have shaky business models and that some are simply weak in light of the competition. After all, as in any industry, not all companies can succeed; many will fall by the wayside, and some will likely suffer a painful demise. Here we offer a review of companies we call "InterNOT" companies -- companies we believe aren't likely to dominate or even leave much of a mark on the Internet.

CustomTracks Corp. (Nasdaq: CUST)
www.customtracks.com
1998 Revenues: $0
1998 Earnings: Loss of $1.5 million (from continuing operations)
Number of Employees: 15

The Lowdown:

This Dallas-based company originally sold off its Electronic Security (Cardkey), Interactive Data, and Transportation Systems groups and changed its name to CustomTracks from Amtech to focus on selling customized music online. But the company ran into problems getting rights to distribute music and is now trying to get a piece of the secure Internet transaction market.

As far as I can tell, CustomTracks has no products to speak of, though it is developing a secure Internet messaging system called ZixMail as well as an online transaction payment system. It's still early for this company as it continues "exploring additional Internet-related businesses."
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