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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: zoya who wrote (8382)	5/10/1999 7:54:00 PM
From: Z man	Respond to of 18998

Don't bother pinkyboy right now...he's a little worried !!!!1 Regards Zman

To: zoya who wrote (8382)	5/10/1999 9:24:00 PM
From: Mr. Pink	Read Replies (1) \| Respond to of 18998

No opinion at this time; Mr. Pin% has exited both. MP

To: zoya who wrote (8382)	5/10/1999 10:07:00 PM
From: nnillionaire	Respond to of 18998

Zoya, CUST released the following after the market close: Monday May 10, 6:36 pm Eastern Time Company Press Release SOURCE: CustomTracks Corporation CustomTracks Corporation Announces First-Quarter 1999 Results Preview of Internet Transaction Payment and Digital Signature Systems Set for June DALLAS, May 10 /PRNewswire/ -- CustomTracks Corporation (Nasdaq: CUST - news) announced today financial results for the first quarter, ended March 31, 1999. The company reported a first-quarter net loss of $2,415,000, or $0.16 per share, which included a non-cash charge of $746,000 for amortization of the fair value of stock options granted to a third-party software development firm. There are no comparable quarterly results for 1998, as the company completed the sale of all its previous revenue-generating businesses in November 1998. As previously announced, the company expects to invest $20,000,000 to $30,000,000 during 1999 on its new Internet transaction payment system. The payment system, which uses the company's Digital Signature technology, will allow consumers to purchase items over the Internet without divulging personal information to Web merchants. The transaction payment system is on track to be operational by the end of the third quarter. David P. Cook, chairman and chief executive officer of CustomTracks, also announced the steps being taken to prepare for the launch of the company's new system. ''We are in the process of filing various patent applications, and as soon as they are filed, we plan to preview the new system on an informational Web site. This site should be operational by the end of June. ''The new Digital Signature system will be released for commercial usage before the end of August. We expect this Digital Signature system to participate in markets consistent with those described in pending Congressional bills, such as H.R. 1572 (Digital Signature Act of 1999) and H.R. 1714 (Electronic Signatures in Global and National Commerce Act), which specify both federal and commercial usage of digital signatures.'' CustomTracks Corporation is developing an Internet transaction payment system and a Digital Signature system and is exploring additional Internet- related businesses. For further investor information about CustomTracks, visit the company's Web site at www.customtracks.com or contact investor relations at 972-702-7057.