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

To: E*Trader who wrote (458)	2/16/1999 7:06:00 AM
From: Bob Davis	Read Replies (1) \| Respond to of 947

William, The one thing that a rapidly growing internet site needs is cash. There is no evidence that CMOZ has any cash...and a lot of evidence that it does not. What evidence do you have that CMOZ is actually able to do the things that they say that they will do? If you have no evidence, other than a couple of press releases, then you are not investing. Instead you are gambling. More specifically, you are betting that another person buys this stock from you for more than you paid for it, and that this person does this before the stock collapses back to its real value. This has been referred to as the "greater fool" approach to investing... Bob Davis The Napeague Letter napeague.com