CustomTracks Corporation (CUST) Message Board

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Technology Stocks : CustomTracks Corporation (CUST)

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To: Lucky888 who wrote (1919)	8/5/1999 9:46:00 PM
From: J.Y. Wang	Read Replies (1) of 2514

I am looking for a serious answer... Your answer look more like a joke. :) CUST is a joke, thus many answers to questions regarding it resemble jokes. Why are the VCs investing in CUST? "If Cook can rent a lot of videos, maybe he can create the 'killer app.'" Why are the VCs investing in many questionable high-tech and net companies? "We have got so much money we don't know what to do with it." This is true because of the insane valuations the market has placed on many net stocks (ie: CUST). It's a vicious cycle until the house of cards collapses. Why do VCs invest in companies like CUST? Because companies like CUST achieve monstrous valuations before a product is created, a customer is signed up, or a penny is earned. When will VCs stock investing in companies like CUST? When companies like CUST are valuated like normal R&D/growth companies.

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