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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (119)5/17/1999 9:10:00 PM
From: sargent  Respond to of 2514
 
This one will go higher, starting tomorrow AM.

Great momentum currently. Also good to see additional insider buying (significant amount) at 37 recently.

I agree this will be a good short at some point, but I doubt that it is now, especially considering we blew through the previous high on convincing volume.

I doubt this stock will tank until their product is released. The turnaround in the stock after last weeks' conference call showed amazing strength. I thought we were going down considerably after a very ambiguous call, but it held and has started a new leg up.

This stock will go one way until the beta testing, and that is up. I don't necessarily believe current prices are justified, but I would not fight the tape, so to speak.

After getting out of this stock a while back, I jumped back in this AM. Will probably pare back some on Tuesday as it screams through 50, but will hold on to a little for the ride. As we getter closer to the release of the product, I think there will be some very big up days for the stock in anticipation, with an expected sell-off immediately thereafter, unless, of course, the new product is the hottest thing "since the browser," which is hard to imagine. Regardless, insiders seem to think they have something pretty good.....

If nothing else, you have guts to short into such a freight train - it should be interesting either way.



To: Tom Hua who wrote (119)5/17/1999 9:21:00 PM
From: bob yahnke  Read Replies (2) | Respond to of 2514
 
CUST will be well over 100 in the next 2 months. Anybody that shorts this one does'nt understand breakouts, charts, volume flow, small float, or the potential of a great internet product that will revolutionize the whole payment system on the internet. Not to mention the huge insider buying and a company without debt with lots of cash to go places. I don't know how you guys can sleep at night.