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

To: Tom Hua who wrote (1503)	7/16/1999 3:51:00 PM
From: J.Y. Wang	Read Replies (1) \| Respond to of 2514

Let me get this straight: CUST has no sales force, has no cogent marketing plan, pays outside contractors to write the software, has no customers, has no viable product yet, is in a fairly crowded market, etc. etc. etc. What is CUST's core competency? What does CUST do sustainably better than its competitors? Software? It outsourced it -- you can't outsource your core competency. Marketing? Ummm...right. CUST has one core competency: PR and pumping their stock price. That's the danger for us short-sellers. In a sane market, companies like this are strewn in the gutters with the homeless and the drunkards; In this market, companies whose core competency is PR often put the short-sellers in the gutters. I'm short this POS. The press releases will only go so far. The fact that the NASDAQ has been hitting record after record after record recently has also helped saved CUST's ass. A rising tide raises all ships, even if they are made of turd. Geez... I wonder what will happen to CUST when the PR runs out and the NASDAQ corrects?

To: Tom Hua who wrote (1503)	7/16/1999 5:15:00 PM
From: sargent	Read Replies (2) \| Respond to of 2514

If Cook can cut the deals with the large financial institutions, some large ISP's, and, later, some large retail outlets, he won't need a huge sales force. His clients will provide the sales force he needs - not completely, but enough to get it going nicely. He will need some marketing dollars, which they have, and which I think will be where a lot of cash is directed later this year and especially next year. As Cook said very directly on the tour, if there are not any major announcements by the end of the year, sell the stock. I tend to think the announcements will start coming sooner than later, but what do I know. Mr Yahnkee, who has been on this thread longer than anyone and who surely has made a ton of money on this stock by anticipating this rise, also seems to think that the game is far from over (instead, it seems, just beginning). Take your points to the downside, as I think we might drift lower in the near future, but I would not want to be short the day something big is announced. Cook is too smart, and too conservative in nature, to have built this infrastructure without having an ace or two up his sleeve. Not betting the entire farm on this one, but am long enough to make a difference. Definitely not losing sleep over a few points here and there. In fact, hoping the shorts can extend way out and drop this baby back to the mid 30's before the day of reckoning. Still don't believe the holders of big chuncks of this stock have sold - but then again, what do they know?