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Technology Stocks : CustomTracks Corporation (CUST)

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To: levy who wrote (440)5/28/1999 8:36:00 PM
From: Tom Hua  Read Replies (2) of 2514
 
but did these other firms have a man on the top with a reputation like Mr Cook?

Sure. How about the founder of Compaq Computer? That's right, GKI was headed by Rod Canion, CPQ founder. Canion also brought with him a team of CPQ executives to run GKI. GKI had 25 employees (CUST has 16), was working on a highly touted and soon to be released product which provided educational training on the Web (CUST: DSS and internet payment system), insiders owned huge chunks of stocks. GKI ran up to about $20 at its peak last summer, then quickly collapsed. It's now 60 cents a share. Are you beginning to see the similarities?

Regards,

Tom
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