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


To: Crystal ball who wrote (595)6/6/1999 9:50:00 AM
From: CatLady  Read Replies (2) | Respond to of 2514
 
CB,

I have worked in the computer industry for 14 years. My job was not programming, but systems management. I have however, done programming on occasion, using FORTRAN, COBOL, IBM370 Assembler, PC assembler, C, C++, Pascal, Modula, Delphi and Visual Basic. I know what it takes to write code.

I also know well the signs of someone who throws around technical jargon to impress the uninitiated. And that is what you are doing.

It is not worth my time to knock down your arguments one at a time because they are in fact merely a bunch of smoke and mirrors designed to distract and confuse the uninitiated. But the core of your argument is not on solid ground.

1. You have shown us no reason why Verisign's encryption routines are inadequate and would need to be re-written.

2. Just because CUST may have patented one set of computer code does not mean that the same problem can not and has not been solved by other people with other, non-infringing code.

3. Ever hear of object-oriented, modular, and re-useable code? Extending and enhancing well-written systems is not the same as starting from scratch.



To: Crystal ball who wrote (595)6/6/1999 10:57:00 AM
From: Rajiv  Read Replies (3) | Respond to of 2514
 
Do any of you know how many MAN-Hours it takes to write computer code?


You seem to believe that CUST with a handful of employees (with no background/expertise in the internet transaction and DSS area) can jump to #1 status in this field with just a few weeks of work.

It has spent less than 2 MM (as of March 31, 99) and the net worth of its equipment is less than 1 MM. You haven't seen the product (no one has). The odds are very high that vaporware is coming out of the project (just like the customized-CD/music business in which David Cook even had a background and a patent).

Don't forget, twice last week the price per share of VRSN and CUST crossed each other, and volume and mometum I beleive favored CUST, although I admit VRSN close was higher each day. Next Week, [hint]


Last weekend you were hinting we will see $90. You later changed it to $70. Did you buy your crystal ball on Ebay for $1?

Regards.
Rajiv