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


To: Mike M who wrote (1731)7/31/1999 3:34:00 PM
From: Tom Hua  Read Replies (2) | Respond to of 2514
 
Cook isn't stupid enough to think that a "meager" 5000 share purchase is going to fool a sly fox such as yourself.

Mike, Cook isn't gonna fool me, but I betcha he fooled many of the longs. 5000 shares equate to less than 0.1% of his total holdings. CUST only has to go up by a nickel by the news of his purchase, and on paper his 5000 shares are FREE, based on appreciation of his more than 4 million options.

The same way Cook fooled the longs into thinking that ZiXMail will draw 35 to 50 million users in the first year, that's 35 to 50% of all users in the universe. Tell me, do you believe him?

Regards,

Tom



To: Mike M who wrote (1731)7/31/1999 3:57:00 PM
From: Tom Hua  Respond to of 2514
 
I think he wants it to grow in value so that it can become real money some day.

Mike, me thinks he needs it to help his 4+ million options become real money someday.

Tom



To: Mike M who wrote (1731)7/31/1999 9:05:00 PM
From: J.Y. Wang  Read Replies (1) | Respond to of 2514
 
You must have balls of titanium to be able to say with a straight face that for 5,000 shares of CUST stock is significant for someone like Cook relative to his current holdings in stocks and options. Are you a used car dealer or something? That '72 Dodge missing two wheels and three pistons will drive smoothly, right?

We did the calculations to show you why 5,000 shares is insignificant for Cook. Perhaps the technique we used -- simple math -- was slightly too complicated for you. Do you prefer us to illustrate again using fingers or marbles?

The bottom line is that 5,000 shares of CUST for Cook is *NOTHING*. There are a couple of legitimate reasons why he bought it: 1) He wanted to pump the stock; 2) He sincerely believes that CUST will have 50 million customers very soon (or whatever the ridiculous number is) and truly thinks adding 5,000 shares to his holdings is going to significantly affect his net worth if CUST jumps up.

Reason #1 is bad for longs in the long run for obvious reasons. Reason #2 is bad for longs because it shows that the guy running CUST has not mastered junior high algebra yet or faces serious challenges with the logic circuits upstairs.

You pick the reason, Mike.



To: Mike M who wrote (1731)8/1/1999 1:53:00 AM
From: mchip  Respond to of 2514
 
<< Maybe he subscribes to the theory invest in what you know....>> I like that statement Mike. It's why I invested…short.

Since you never really responded to #reply-10575304 . I thought I'd post a recap.
6/30/99 #reply-10327091 <<Ok... 1024 bit encryption. WORLDWIDE???? for email?? I think it must be a "key recovery" system. That means there is a way to unencrypt your messages.>>
7/7/99 #reply-10405760 << Wow.. they even put a positive spin on "digital signature recovery", while calling raw encryption software worthless. I don't know, but isn't knowing that one's so called "private encrypted" messages can be decoded against the whole encryption idea??>>
7/7/99 #reply-10406005 << Hmmm.. just like I thought.. key recoverable... Any key that is "recoverable" is breakable, by definition. And it's called the ninth technology!!>>
Just like the fate of the Clipper Chip.

CUST has been weak since the details of their plan came out, one last pump might come when the Zixmail is finally released, but I think it will be the last opportunity to short. Then CUST can go on to a new business plan, again.

Cook buying 5000 shares just after the amusing conference call… well debate the merits and valuation all you want. It does not change the fact that most people concerned with security are already using something else. Actually anyone that knows or needs to use strong encryption will laugh at a recoverable key system. As for the business side, others have already stated their concerns about the sales force, revenue projections, and ability to make a deal with a partner that actually counts.

-----

Maybe CUST will buy software from FSTW to manage investor complaints! (I don't think a contract from CUST will have the same effect as the MSFT deal though… but one can hope!) Oh, and then when everyone is sick from not selling on an obvious silly spike GUMM's ZiScam will quiet the sickness…

I put this last paragraph in so you would have something to respond to… From past experience with you I don't expect a factual reply (Bible Verses?), or any at all. Kinda like my last post to Jenna. #reply-10722088

Why do informed opinions and facts cause an end to a dialog?