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


To: Mike M who wrote (1221)6/30/1999 11:30:00 PM
From: Jenna  Respond to of 2514
 
another good post here: >> There was no anxiety and no roller coaster. You can make all the single digit predictions you want to old boy but you may be far too early and missing plenty of more attractive action elsewhere. Heck, you may even be wrong on this one. If you are, all of your bravado is only going to get you one place, much poorer. >>>

Sorry but here again, I think Mike is making a lot of sense. There was lots of money to be made today, but stubbornly sticking to this stock in a upward momentum is a lost cause for the present. Did you lock yourself in a glass bubble to close out the euphoria today? You are discounting the present as if your losses are suspended in time and not adding up. I've been in puts more times than I can count, but never have I stayed with a loss more than 5%.. What is the sense in accruing loss after loss on the wait for this to fall? Mike and myself will probably short CUST in time if we see fit but meanwhile I will be searching elsewhere to make money and keep NO POSITION in CUST until the situation clears.



To: Mike M who wrote (1221)6/30/1999 11:53:00 PM
From: Jeff  Read Replies (1) | Respond to of 2514
 
Frankly, you and the other vultures who stand around ripping companies with partial information will get what you deserve sooner or later

Come on Mike, does anyone have more than partial information? Of course not..that's what makes markets.

It's the shorts that have pointed out competitive products, MS's investment in Verisign, and cust's checkered past. The posts by longs seemed to be "you guys are dopes, it keeps going up"...which is fine but beside the point: where's this baby gonna be in a week/month when the traders move on? Where's the beef?

In 1121, bob posts "It's what's coming up next that will tie this thing all together."

Gee, sounds like he's pushing the stock with partial information, doesn't it? Why didn't the demo happen on the 30th guys? Another example is 1144, "With the strength of CUST lately, could it be that MS funds are accumulating?"

Ummm...no.

>> I just hope people understand the risk they take and limit their losses

Same thing goes for longs if this thing craters and the last buyer gets an object lesson in how the game works. We're all grownups here, playing with our own funds, and understand the risks in investing in a company trying to enter a very competive/conservative market after switching gears from a failed venture.

The only FACTS seem to be the russel index and the web site. CUST seems to know to feed out a few buzzword laden press releases at a time. Just like imon. All anyone, long or short, is doing is trying to sniff out the substance, if any. Calling someone a vulture because you disagree isn't really helpful... seems an odd comment for someone who walks on the dark side occasionally. Different opinions make markets.



To: Mike M who wrote (1221)7/1/1999 12:05:00 AM
From: Tom Hua  Read Replies (1) | Respond to of 2514
 
I rode KTEL down from 29 to 9 3/8 (in November 98...with you)..

Yeah, that was sweet, Mike. I shorted from low 20 to 32, and covered in single digits too. Didn't take long.

I may have missed GKI & IMON,

You are about to miss another real good one. Do you want a hint on the stock symbol? <g>

Regards,

Tom