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Technology Stocks : CustomTracks Corporation (CUST)

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To: Kip518 who wrote (2241)9/10/1999 4:13:00 PM
From: Bob Trocchi  Read Replies (1) of 2514
 
Kip...

>>While Mr. Cook is optimistic the company will land contracts in the next few months, he offers some frank advice to investors. "If we don't get some financial institutions signed up by the end of the year, sell your stock," says Mr. Cook. He says he figures if the company can't sign any by January, it would be a sign that financial institutions don't want the product<<

I went back and re-read the article you posted from the Texas WSJ. I found the above quote very interesting. IMO, there are three reasons for Cook to say what he did.

1. He really believes he can and by so saying, he helps keep investors hoping until he can announce something.

2. He is purely hyping for the short term.

3. He does not believe he can sign any of significance and in this way he perhaps is setting some statements in concrete to avoid potential law suits.

My bet is number 3. In any event, he sets a date of January. How appropriate, another Y2K problem.<G> I love companies that begin with a Z... ZITL, ZONA and soon ZITMAIL or whatever they call themselves.

Have a great weekend

Bob T.
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