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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (8045)	9/23/1998 10:39:00 AM
From: musicguy	Respond to of 25711

This is what sold me on CUST- 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. Now that it is going after CD sales only, it is cash rich, debt free and taking on the other Internet CD sites.... MG