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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (4373)	9/22/1998 12:13:00 PM
From: musicguy	Respond to of 119973

CUST news release today- CustomTracks plans to assemble, manufacture and distribute custom digital data products, such as CD's that contain personalized music. CUST currently provides systems and services to the access control and electronic security management systems. For the six months ended 6/98, revenues rose 13% to $60.1 million. Net income totalled $586 thousand vs. a loss of $10 million. Revenues reflect increases in the Electronic Security Group. Net income reflects lower costs due to business disposal. CUST todays news: biz.yahoo.com "''After the sale of its last wireless business the company should have a solid balance sheet which is debt free with an additional $40 million in cash. We project it will have in excess $80 million in cash or $5.37 per share. Management is clearly excited about the future for CustomTracks. Five officers and directors have purchased more than 1.2 million shares of stock in the open market during the last six months. " Trading at 4 25/32 x 4 7/8- I just got some at 4 7/8.... current book value 3.63 Looks like a good medium hold to me. MG