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Microcap & Penny Stocks : CMOZ, next cmgi

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To: Toby Zidle who wrote (638)4/29/1999 8:09:00 AM
From: TOPCAT1  Read Replies (1) of 947
 
There are many models that are used to build companies... an IPO is the quickest and highest hit... in the case of CMOZ... they appear to be building a company through acquisition directed towards revenue generation, for example, 2 casinos (then 5 casinos) which clearly have players which result in revenue to the company, BuckInvestor and InvestorGURU make a lot of money through advertisements (news flashes) and running banner adverts... I guess CMOZ is doing it the slower way but if they continue with more acquisitions, eventually, more investors will take note, then larger institutions such as mutual funds, brokerages, etc... the result will be slow and steady price appreciation based on good sound business prinicples... but it will take time...yesterday was a surprise but then again BuckInvestor gets a lot of exposure and I think it will take a few days for the magnitude of the acquisition to reach and be analyzed by investors... as for the deal with BuckInvestor, it really doesn't matter, this is the OTCBB and many stocks right now trade well in excess of their share structure/revenue ratio...
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