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Technology Stocks : CustomTracks Corporation (CUST)

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To: Michael T Currie who wrote (1956)8/9/1999 3:56:00 PM
From: J.Y. Wang  Read Replies (1) of 2514
 
Yes it has, but this is the third recycle for me. All are positive (so far), but it's the
sharp spikes that are a bit harrowing. FWIW, I don't think it will take until the end
of the year to hit the teens. CUST and its brethren will be reamed out in the fall.
We're not seeing as much tolerance for losers like this to hold up their outrageous
valuations.


I'm a straight shooter. If I told you I were not crapping in my pants when CUST ran to 50+ when I started shorting it in the 30's, I would be lying. But that's one of the unknowns of shorting POS stocks -- you really, really, really don't know how high it's going to go before it splatters back to earth.

I learned a lot from CUST. And the best part is that I didn't have to pay tuition learning it.

The market is becoming less and less tolerant of crap like CUST. Take a look at STMP today.

Good luck.
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