Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tom Hua who wrote (1378)	7/10/1999 11:40:00 AM
From: Mike M	Respond to of 2514

Usually you're very good with bookkeeping. A "C-" this time <g> Tom, I'm not sure I qualify even for the "usually" :o).... My two shorts in the 53 area likely resulted in a smaller gain. One was two points and the closeout was 46 1/4.... It is difficult for me to rationalize (perhaps ungrateful is the word) that I rode some of these shares up from 10 and added in the 40's....selling at 68, 74 and 83....to then chance any give back. It is apparent that the stock is still in a decline but I, as yet, do not trust it. Cook's ability to conduct a CC notwithstanding, his optimism is engaging. I will admit it may be flawed....but I don't know that and there are too many better uses of my trading funds for now. Congrats for hanging in there.... Mike

To: Tom Hua who wrote (1378)	7/10/1999 5:14:00 PM
From: Rajiv	Read Replies (1) \| Respond to of 2514

Tom, Looks like CUST is following the script (#reply-10243585). The high for Act II was lower than that of Act I. We have probably not seen the low for Act II. On May 21, 99 (a Friday), CUST closed at 60 15/16. Joseph Charles announced a target of $230 on May 24, 99. (Press release was issued before the market open). It closed at 76 - this also happened to be the only day when CUST closed above 60 15/16. Superb timing ! I have closed out my short position.. Will have to wait for Act III Regards Rajiv