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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (23209)3/22/1999 6:42:00 PM
From: Ned Flanders  Read Replies (1) of 122087
 
Could you please look at this:
CUST CustomTracks Corporation

NO Product to sell/NO source of earnings.

Sold revenue producing businesses in june and july of '98 to get into music distributing on the net. Recently abandoned this idea since could not get rights to music. Now going to develop internet transaction software (to be ready by the third quarter.)

Postives for the company:

Run by the guy who co-founded BLOCKBUSTER VIDEO (the software to check out videos).

Have lots of cash (from the sales of companies in june and july) about 80M

Technicals:

Stock up 50% since last monday. up 25% today on 6x average volume.

notes: 1. yahoo board rumor of conference call late in the week
2. Mr. Pink calls it a 'flying t$rd'

What do you think?

Ned
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