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Microcap & Penny Stocks : CGCOC - New Web Portal

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To: CoffeePot who wrote (12)	1/29/1999 9:00:00 PM
From: hoffy	Read Replies (2) of 95

>>>Too bad the NASDQ doesn't share your opinion.........from YHOO profile "Revenues for the six months ended 9/30/98 fell 30% to $436 thousand. Net loss totaled $87 thousand vs. income of $7 thousand.">>>>> Everyone said the same thing about IMON. IMON showed $7 in Revs and only has 6 employees. But the stock went wild. If you base your investing decisions on what the company has done in the past then you are missing the boat. I guess When microsoft was starting up and had no revs you thought they had no potential because they had no revs last year. Wallstreet bases stock prices on what they think the company will earn next year not what they made last year. If that was the way to invest everyone would be rich because it would be so easy. They also base the price on hype and when a company has internet hype they go crazy. Right or wrong that's a fact and whether the company is worth it or not this will probably go much higher. I am not saying CGCOC is a great long term pick that will let you retire. But for traders who want to make a quick 100-200% in a day or two this company can possibly offer that. The trick is to get in early and leave early. My target is to get in now and get out at somewhere around 5-10. I also own IATV from 2 because they have great potential. They have no revs yet but they have great technology and will probably see the revs start to pour in this year. It's now trading at 6. Are they worth 6 based on last years earnings. Hell no. But they are worth that based on what they have the potential to earn this year.

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