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

To: Mike M who wrote (1021)	6/27/1999 10:50:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 2514

" Thousands of "shorters" were absolutely convinced that AMZN was really scamazon (and ultimately they may be right) but only the marketplace will decide. In the meantime, an awful lot of absolutely convinced "shorters" have had their guts ripped out. " Funny how you were saying the same thing the day CUST made it's high of 90. You really should get some new material. Companies like AMZN don't come along every week. #reply-9736862 Barb

To: Mike M who wrote (1021)	6/28/1999 7:23:00 AM
From: Tai Jin	Read Replies (1) \| Respond to of 2514

Neither you nor I will clearly recognize those technologies that will succeed until after they have. The point I'm making is that success does not come overnight especially when new technologies are involved and social change and/or acceptance is required. Even if CUST has the right solution to be successful, market acceptance will take years. There are many examples of stocks that have ridiculous valuations based on potential earnings 20-50 years from now that have recently come down to earth because to value a company in that way is utterly ludicrous. So far CUST has no proven technology and no market acceptance. Whereas success will take time, failure will be quickly judged. A recent example of a consumer product and technology which failed is DIVX. It was based on the assumption that people find it inconvenient to return video tapes to the store. Well, they were wrong and Circuit City had to pull the plug. They also seemed to have forgotten about the failure of video on demand, to which DIVX bears some resemblance. ...tai