Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Tom Hua who wrote (18181)	5/24/1999 1:52:00 PM
From: Alec Epting	Read Replies (2) of 18691

I expect an SEC investigation of CUST trading. Almost all of it is INCA and ISLD, ECN's which are typically used to hide trading activity. With 11 million shares in float, how could the stock run so quickly from 3 1/2 to 90? Perhaps, insider trading or stock manipulation. The company has no revenues and has changed business plans twice in the last 9 months. The CEO was highly evasive in the last conference call. He wouldn't even answer how they would allocate $82M from the sale of their business over the coming months. The $230 target today was from the same guy who had a target of $17 a couple of months ago. I believe he was also the guy who touted KTEL at EGGS with outrageous targets as well.

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