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Microcap & Penny Stocks : CMOZ, next cmgi

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To: WallStreetTips who wrote (710)5/17/1999 5:40:00 PM
From: Toby Zidle  Read Replies (1) of 947
 
What's the problem with 200 million authorized shares? That's neither the outstanding shares (42 million) nor the float (15 million). The 200 million shares don't influence per share earnings calculations, nor is it inherently dilutive. They are simply 'money in the bank' if CMOZ management chooses to pursue other acquisitions. The acquisitions make CMOZ a bigger company. We get assets in exchange for those shares.

Buying new assets with stock can be bad for CMOZ (dilutive) or good for the company. No general assumption can be made. It depends on the shrewdness of management. And they look pretty shrewd so far.

You see a red flag. A CMOZ Bull sees "Charge Ahead"!. Go CMOZ!
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