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Microcap & Penny Stocks : CMOZ, next cmgi -- Ignore unavailable to you. Want to Upgrade?

To: WallStreetTips who wrote (146)	1/26/1999 3:27:00 PM
From: Leroyt	Read Replies (1) \| Respond to of 947

Get this straight for those who haven't followed CMOZ (MISM). The company was not much more (don't know the details) than a shell a few months ago. But, InvestorsGuru (IG) has been online for over four years as I understand it. The shell of CMOZ is being used as a vehicle for a IG to go public through stock transactions. CMOZ as a shell is not a mature company but IG is a mature network site with plans for significant expansion and growth. With high volume and a decent price for this stock there is significant ability to expand. If you don't like it, PLEASE don't buy it. BUT, if you like the chance of playing the development of the internet (for which we are only in the VERY EARLY stages) then take a close look and wait until you are comfortable with the investment. My personal read on the LARGE volume of the last two days is largely due to the following and subscribers of IG. Last week it was large (plus or minus 2 million shares). TODAY, we're up at 5 or 6 million shares again. Increasing volume with increasing prices attract a lot of investors. I understand that CMOZ wasn't quite ready for all this activity but the name change got processed more quickly than expected so they HAD to announce the name change and then felt pressured to announce the acquisition of IG (which I think was very important). I understand than another PR is likely this week. Despite conventional wisdom, I'd bet that the PR will be released at the end of the week. COMZ has done very well with issuing PR's at the end of the week so I'd guess they'd keep it up. Let's hope for the best. later, leroyt