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Microcap & Penny Stocks : CMOZ, next cmgi

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To: TOPCAT1 who wrote (596)	4/13/1999 10:11:00 PM
From: Boot	Read Replies (1) of 947

TOPCAT1 just thought I'd chip in and say glad to see that you're still keeping the faith. I checked out the raging bull CMOZ thread and they're nuts over there. Multiple personalities, huge egos, etc. You're one of the few sane ones. Keep up the good work. I read in the paper yesterday that internet gambling profits tend to be around 3% of overall gambling revenues after payouts. If CMOZ revenues are a million a month, as they seemed to imply in an earlier NR, then their profit is only about 27k/month. Not great but it is something and that's just based on figures from their first few days of operation. With five such sites going, as they plan on doing, that would bring us to over 135k/month which is a bit meatier but I'm sure they'll do much much better than that once their popularity spreads. It would be nice to see some more recent numbers now that their first site's been up for a few weeks.

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