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

To: Crystal ball who wrote (466)	5/29/1999 9:32:00 PM
From: Shtirlitz	Read Replies (1) \| Respond to of 2514

<<realizing they have a patent, and realizing the marketplace needs this for E-Commerce>> They didn't have any patents at the time of the last CC. Would you enlighten me, when did they get them? Also realize that the market place is overcrowded with wannabees.

To: Crystal ball who wrote (466)	5/29/1999 9:54:00 PM
From: Rajiv	Read Replies (1) \| Respond to of 2514

CUST Customtracks wants 1% of $350Million (= VRSN 1% )share of Digital Signature and Secured Transactions marketshare, realizing they have a patent, and realizing the marketplace needs this for E Commerce, CUST does not have any patents. They have only said that they plan on filing for patents... BTW, last year they bought a start-up company owned by David Cook himself to help in their customized-CD/internet-music venture. This company even had a patent. This project was dropped. So far what I can see is that CUST has spent less than 2 MM on the internet transaction and DSS venture (as of March 31, 99). The net value of their property and equipment (which includes furniture) is around 1 MM. If achieving their targeted market share would have been so easy, by now there would have been hundreds of competitors. Cook must have made a friend in SF for the stock to pop to $90, IMO the talk of Cook's visit to SF causing the pop to 90 is BS. Last monday the stock made an intra-day high of 90 as momentum players jumped on the stock. The trigger was the Joseph Charles report. This had nothing to do with hypothetical buying from SF. Regards. Rajiv