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

To: J.Y. Wang who wrote (1912)	8/5/1999 6:57:00 PM
From: Tom Hua	Read Replies (3) \| Respond to of 2514

biz.yahoo.com

To: J.Y. Wang who wrote (1912)	8/5/1999 7:33:00 PM
From: Tom Hua	Read Replies (2) \| Respond to of 2514

From CYCH's PR today: ''CyberCash's payment business remains strong,'' Melton said. ''At the beginning of the year, we stated that our primary 1999 goal for this business was to increase our merchant base. We have made excellent progress toward that goal. We have created strategic distribution partnerships with Compaq, Concentric, Earthlink, INTERSHOP and Microsoft. We have expanded our technology offerings by developing CashRegisterOnDemand and acquiring Tellan Software. By doing so, we can now provide our customer base with a broader range of solutions to help accelerate and simplify e-commerce. We expect to be announcing similar initiatives over the next few weeks. As a result of these moves and increased emphasis on sales and marketing, CyberCash has increased the number of merchants using the CashRegister service to approximately 14,000, nearly 50% more than at year-end,'' he added. CyberCash has also been building partnerships to expand its Agile Wallet platform by adding new services designed to assist merchants in growing their businesses. The Company has recently announced relationships with Commission Junction, NetGravity, and FreeMac.com. CyberCash is also continuing to add functionality to its Agile Wallet, including the ECML-compliant Form Wizard. ''By combining these marketing services and distribution vehicles with the simplicity of the Agile Wallet's InstaBuy service, CyberCash extends the value of the platform by enhancing the ability of Internet merchants to increase their sales,'' said James J. Condon, president and COO, CyberCash. Yet, its market cap is 1/5 CUST's!!! Products, revenue, customers, and a whole array of strategic partnerships are bad for a company. Cook may be wise to continue going down the current business path of no product, no revenue, no customers, no alliances. At least it's temporarily good to the stock price. Regards, Tom