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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (23209)3/22/1999 6:42:00 PM
From: Ned Flanders  Read Replies (1) | Respond to of 122087
 
Could you please look at this:
CUST CustomTracks Corporation

NO Product to sell/NO source of earnings.

Sold revenue producing businesses in june and july of '98 to get into music distributing on the net. Recently abandoned this idea since could not get rights to music. Now going to develop internet transaction software (to be ready by the third quarter.)

Postives for the company:

Run by the guy who co-founded BLOCKBUSTER VIDEO (the software to check out videos).

Have lots of cash (from the sales of companies in june and july) about 80M

Technicals:

Stock up 50% since last monday. up 25% today on 6x average volume.

notes: 1. yahoo board rumor of conference call late in the week
2. Mr. Pink calls it a 'flying t$rd'

What do you think?

Ned



To: Anthony@Pacific who wrote (23209)3/22/1999 10:46:00 PM
From: HRAKA  Read Replies (3) | Respond to of 122087
 
Anthony,
<WKWG>May be ripe tomorrow or may take another week. The key date is March 31st. They release their new search engine then. They are BB. The stock was up 23% today with a close at $7 11/16. $7 11/16 is a new 52 week high as well as the high for the day. The stock will likely gap-up and run tomorrow (IMO). Anyway thought you might like to keep an eye on this one.
Hraka