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Technology Stocks : CustomTracks Corporation (CUST)

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To: Tom Hua who wrote (542)6/4/1999 8:34:00 PM
From: Ron McKinnon  Read Replies (1) of 2514
 
Tom

I just wanted to compliment you on most of your posts
it is interesting that the "longs" just write words while you and other shorts write mainly "facts"

I have done very well on this "pig with wings" although I did take a number of small losses on it when I shorted at what I thought was an insane value in the 20's; have made maybe 10 times that loss back in profits thanks to the mo-mo boys and the 230 rec which gave a us the chance to short it in the sky

I covered all today, then went long for the "40 bounce" then re shorted and flipped a few times
had to hold just a tad over short for fun and maybe profit

what people forget ( as Sue pointed out so well) is that if one uses their head you can make money both ways

what should CUST be trading at right now (sans J Charles)? maybe 30 or so?

where will it trade? maybe anywhere from 25 to 60 over the next few months depending on what "news" hits (or at 10-15 if/when the insider sells come out)

there will be times to be long in this and times to be short; why people insist on just one point of view is beyond me; but there are times when one view is clearly the right one depending on news, emotions, hype, panic, fear, or greed

best of luck
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