SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CustomTracks Corporation (CUST)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bob yahnke who wrote (112)5/2/1999 10:57:00 PM
From: Sophie Janne  Read Replies (1) of 2514
 
Bob, you don't really believe that a company could design and build an e-commerce transaction payment system in a matter of 4-5 months, do you? I agree that perception is greater than facts when it comes to so called internet stocks, but there is a much greater chance that the run up will not hold if it is pure hype. I may cover my short position and go long if this stock takes off above $40, but I will certainly keep a close eye for a top and then short again when the run up loses steam. I would suggest that if the stock does bloe through $40 that you should try to bail at the top too because the stock cannot hold a market cap of anything close to $1 billion with no known product or revenues. I calculate a $1 billion market cap would be achieved at about a $60 share price. Look out below at $60 IMO.

Sophie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext