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

To: Kip518 who wrote (2241)	9/8/1999 2:56:00 PM
From: Tom Hua	Read Replies (2) \| Respond to of 2514

CustomTracks now says its ZixMail product will be released within a couple months, while its e-commerce system, ZixCharge, is slated to roll out next spring. Kip, if this is true, CUST is toast quicker than I thought. Didn't he just say last week that ZixMail will be unveiled at the annual meeting, after missing the Aug 31 deadline. And didn't CUST ceaselessly advertise ZixCharge's launch by the end of September? Regards, Tom

To: Kip518 who wrote (2241)	9/8/1999 4:33:00 PM
From: Tom Hua	Read Replies (1) \| Respond to of 2514

But the company hasn't signed up any financial institutions for ZixCharge yet. Mr. Cook says CustomTracks has had talks with several companies, including American Express, Bank of America, Bank One's First USA credit-card unit, and Citibank. While Mr. Cook is optimistic the company will land contracts in the next few months, he offers some frank advice to investors. "If we don't get some financial institutions signed up by the end of the year, sell your stock," says Mr. Cook. He says he figures if the company can't sign any by January, it would be a sign that financial institutions don't want the product. Kip, now Cook is saying financial institutions will sign with him before ZixMail is available next Spring. He is a master!! Regards, Tom

To: Kip518 who wrote (2241)	9/10/1999 4:13:00 PM
From: Bob Trocchi	Read Replies (1) \| Respond to of 2514

Kip... >>While Mr. Cook is optimistic the company will land contracts in the next few months, he offers some frank advice to investors. "If we don't get some financial institutions signed up by the end of the year, sell your stock," says Mr. Cook. He says he figures if the company can't sign any by January, it would be a sign that financial institutions don't want the product<< I went back and re-read the article you posted from the Texas WSJ. I found the above quote very interesting. IMO, there are three reasons for Cook to say what he did. 1. He really believes he can and by so saying, he helps keep investors hoping until he can announce something. 2. He is purely hyping for the short term. 3. He does not believe he can sign any of significance and in this way he perhaps is setting some statements in concrete to avoid potential law suits. My bet is number 3. In any event, he sets a date of January. How appropriate, another Y2K problem.<G> I love companies that begin with a Z... ZITL, ZONA and soon ZITMAIL or whatever they call themselves. Have a great weekend Bob T.