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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?


To: Adrian Wu who wrote (944)6/24/1999 10:09:00 PM
From: Shtirlitz  Read Replies (1) | Respond to of 2514
 
<<A
predominance of bearish views usually marks the bottom, and a predominance of
bullish views marks the top.>>

I recommend you check the Yahoo thread.

<< I just hope all
the shorts won't try to cover their positions all at once when news comes out>>

I'm willing to bet on a big sell-the-news reaction. If, of course, you are familiar with this concept.
"Cat falls out of the flying bag" event. I would recommend you to expect the same.

This small blip in the DSS sector will be short lived.

On the other note, the whole market has put out a triple top, and looks like its going to confirm it with an across the board sell off sometime soon.

Wind is changing. Be careful not to pee in the wrong direction.

Best of luck.



To: Adrian Wu who wrote (944)6/24/1999 11:29:00 PM
From: Tom Hua  Respond to of 2514
 
I just hope all the shorts won't try to
cover their positions all at once when news comes out,


Adrian, I can't wait for the "news" to come out. If you were in SATH, or TCTV, and many other "news" pending stocks, you would know what I mean.

Mike M., if you're reading, you may want to take another note. I predict that after the demo site opens, CUST will be on a downward spiral for many days. The critics and media will be given a fair chance to look into this mysterious product and make judicious critique.

CUST will be hammered if the site is not ready in a week.

Either way, it's a lose/lose situation for the stock.

That's mainly why I think CUST will trade significantly lower in 2 weeks.

Regards,

Tom



To: Adrian Wu who wrote (944)6/25/1999 1:58:00 AM
From: Jon K.  Read Replies (1) | Respond to of 2514
 
Adrian that's why I have reserved enough cash to short to 70s. I've learned a lesson from shorting ITVU. I feel comfortable shorting this one because I know CUST will come down to 20s in a few months.

True, true, if it goes back to 90s I will feel some pain but I will rejoice for the reward will be great.