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Microcap & Penny Stocks : CMOZ, next cmgi

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To: Quasar who wrote (530)	3/8/1999 11:15:00 AM
From: TOPCAT1	Read Replies (1) of 947

On-line gaming casino.... now the question is which one and what are the details (ie. revenues, database of on-line gamblers, etc)...? eventhough the price hasn't moved up, I think this puts some meat on the bone as far as credibility for CMOZ... they are actively building a business based on acquiring revenue generating sites... am I perplexed that the price remains locked in this trading position... no - not really.... the US MM scene is very powerful and I wouldn't be surprised there are a few using this lull to cover their short positions... the increased volume of Friday likely meant that a lot of flippers got in hoping for a gap open today to make some easy money but that didn't happen... this creates selling pressure as investors look to cover the borrowed position... and I noticed that Yahoo is down and not feeding press releases... I suspect that there will be greater exposure and talk about the potential of this acquisition as the day goes forward...

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