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

To: John Dally who wrote (1821)	8/2/1999 10:44:00 PM
From: J.Y. Wang	Respond to of 2514

It's one thing to say, "CUST is a bad stock" but it's another thing to put it in that list. The other stocks on that list are all stocks of the scummiest, scammiest, most full of it, over-hyped, cannot-dispise-it-too-much, and grotesquely overvalued variety. The only stocks fool.com left out of that list are Bre-X and Diana. It would be like it's one thing to say that someone is a bad person, but another thing to place that person in a list with Adolf Hitler, Pol Pot, Idi Amin, and Josef Stalin. That's kind of what fool.com did with CUST. It's funny because it's so true. I was laughing out loud when I read the article. And people have the balls to say that Cook buying 5,000 shares is significant? Did anyone see on Level II the 5,000 shares offered by JOSE at 38 near the end of the day as CUST was about to tank? I was joking with some traders that Cook probably decided to average up again. What else do you expect the guy to do when there's no product, revenues or customers? Geez... The bottom line: When the CEO of a company is trading in quantities similar to what I am trading in, I start crapping bricks if I were long. Doesn't he have anything better to do with his time? Like, create a product, find customers, generate some revenues, etc.? You know -- the mundane stuff "normal" CEO's and "normal" companies do in order to remain an ongoing concern, instead of daytrading in 5,000 share lots to impress some very naive traders. A year from now, when the market has corrected and then risen again, the market is going to collectively look back at stocks like CUST and ask itself, "What drug were we on? Why did we pay for so much for a piece of turd in a paper bag? The smell was blatantly obvious but we were in denial and didn't believe it until the bag was opened. That won't happen to us again..." It will happen again, and again, and again... (Disclaimer: All opinions are mine only. Following my opinions may lead to your financial ruin.)