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Microcap & Penny Stocks : CMOZ, next cmgi

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To: E*Trader who wrote (221)	1/28/1999 4:31:00 PM
From: Leroyt	Read Replies (2) of 947

Final report: Volume: 5,776,700 at 3.468 x 3.50 The stock more than DOUBLED today and spiked to $5.00 during early trading. MOST of the trading was at $2-2.5 before 11:30 (EST) and then $3.08 to 3.25 after 12:30. The spike hit at HIGH NOON with subsequent oscillations lasting until about 1:00. Each day for the last week there has been a SURGE of buying at the beginning of the end of the day ... leaving the stock at a high. TODAY there are even MORE after market trades than ever. Also, financial volume is WAY up. Estimates on cost of transactions: Today: 5.5 million x $3/share = $16.5 million Tuesday: 6 million x $1.25/share = $7.5 million REMEMBER: the float is only 10 - 11 million so this level of trading pretty well establishes a floor for the stock price. IMHO. I think we're entering into a new league of investors. Also, word is that there's a PR due out tomorrow. later, leroyt

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