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Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?


To: musicguy who wrote (2275)11/10/1998 10:55:00 AM
From: musicguy  Respond to of 12872
 
CUST - almost out of all other businesses and focusing on CD sales...

"Steve York, senior vice president and chief financial officer of CustomTracks, commented, ''We estimate that the sale of Cardkey Systems under the definitive agreement would result in a fourth-quarter net gain of approximately $21 - 23 million, after accounting for the net book value of the assets to be sold, the tax effects of the transaction, and the associated transaction costs. After completion of the transaction, including allowance for payment of transactional tax costs, we should have approximately $80 million in cash or equivalents.''

Thats about 5.36 a share...

Lots o volume in the last week. I'm in at 4 3/4

I'll wait a few days to see if this thing blows (double entendre fully intended)

MG