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Microcap & Penny Stocks : CMOZ, next cmgi

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To: TOPCAT1 who wrote (516)3/3/1999 2:55:00 PM
From: K. Kornelson  Read Replies (1) of 947
 


Here is the article:
More Than 40 Public Companies' Names Have '.Com', WSJ Reports

Bloomberg News
March 3, 1999, 3:00 a.m. PT
New York, March 3 (Bloomberg) -- More than 40 public
companies have ''.com'' in their names, about 30 of which are
found on the Nasdaq over-the-counter bulletin board, as many of
the stocks are unusually volatile and risky investments with
little or no operations that don't file financial reports with
the U.S. Securities and Exchange Commission, the Wall Street
Journal 'Heard on Street' reported. Some of the less-well-known
companies include Cosmoz.com Inc., BoysToys.com Inc., ecom
ecom.com Inc. and PinkMonkey.com Inc.; Cosmoz.com Chairman and
Chief Executive Wilfred Shaw said its ''hip'' and ''catchy''
name contributed to the recent rise in its shares, and
Cosmoz.com will acquire ''many Internet companies.'' SEC
investor-education office director Nancy Smith said investors
shouldn't invest ''just by a name,'' which is ''asking for
losses,'' the Journal reported.

San Ramon, California-based Cosmoz.com said last month that
it agreed to jointly operate a Web site called Newsletters.com
with Fination.com, featuring about 100 online financial
newsletters.

(WSJ C1 3/3 wsj.com)

Have a good day
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