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Technology Stocks : Track Data Corporation TRAC -- Ignore unavailable to you. Want to Upgrade?

To: AJ Berger who wrote (478)	11/11/1999 9:12:00 AM
From: AJ Berger	Read Replies (2) \| Respond to of 2005

Earning Out, and they Don't Inspire basically they generated sales of $11.5 mil the same as last year, however now they show a .08 loss instead of a .01 gain. Regulars know they got away from nonweb quote delivary systems to focus on Internet only delivary, and Online Trading, so we can forgive them, (something Barry should have stressed in this earnings release, shame on you, dummy!) but I don't know if Wall St. will. writing up the press release to show how well they could have done if they were a full fledge broker, and did not have to spend money on marketing, really is dumbing it down. Comparing TRAC growth rates and activity to their competition is nice, but few will care unless we record enough quarters to see a trend. Bottom line, this earnings release was obviously meant to appeal to the average Joe Six Pack who owns this stock, not the Wall Street'ers who will scoff at it. But considering how low Institutional buying of this stock tends to be on the open market, this may not be such a bad thing. I just hope we don't see too much of an exodus of investors until the 11/17 split, so I and many other will have time to Bail! Longs can take some comfort in knowing that new Shorts into a upcoming Split should have their heads examined. That does not mean we will go up much from here, but we certainly won't go down for very long.