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Technology Stocks : CustomTracks Corporation (CUST)

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To: Tom Hua who wrote (373)5/26/1999 9:03:00 PM
From: Shtirlitz  Read Replies (1) of 2514
 
As I see it, short covering and some left over buying interest have pushed it past 50. It won't stay there for long. Daytrading interest and volume will dry out fast. Besides, it'll be a while until people will regain confidence in upteens-tier "internet" stocks.
Meanwhile CUST should be heading south. Slowly but steadily. Couple points a day. A chinese torture for longs. I've seen that happen so many times.
I'm not sure about single digits, though, since a lot of buy-and-hold-forever "investors" have bought into this scam. I'll be covering somewhere in 20s.

Regards.
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