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

To: Toby Zidle who wrote (614)	4/25/1999 10:11:00 AM
From: TOPCAT1	Read Replies (1) \| Respond to of 947

In my opinion, the hype period is over and now the long hard road of trying to prove that CMOZ is worth something is what is holding the price in this range... every stock like this goes through the same cycle... I think people will on average agree that there are signs of life in CMOZ as evidenced by their press releases and progress thus far... however, the longer it takes for developments to occur, the greater the risk the price might break below $1.00... this is what makes the stock market game so difficult to play... In review, they have two casinos up and running with reported revenues (3 more to go), they have acquired InvestorsGURU and developed other strategic selling relationships (ie. conduzent), they have a much improved web site which is attracting attention and another to be launched May 15, and they have openly stated they are working on acquisitions but of course, everyone in this game knows that these take longer than reported (this is reality, lots of legal things to get done)... they have hired a separate PR firm and investment banking firm... my gut feeling is that as the the profile of CMOZ grows, more and more investors get interested and buy a small position just in case something happens that is significant... also my guess is that people within the investment banking community are taking a close look at the opportunity for financing and thus they also buying in case of a good story developing... SO... all in all, what happens is that everyone who has been in for a while is getting out, others intrigued by what is happenings are getting in, the net affect is the stock turns over to investors of a different type... here is the game, when the float thins, and if a major announcement is made which drives in new buying and day traders, then the price could make a significant upward price move... in the last 8 weeks, the price has been trading in a very narrow range but I am very encouraging with the price flurting with the $1.00 mark for three days in a row (traded well over 1 million shares) but didn't break the $1.00 mark... is my analysis right or wrong, only time will tell, I hope I am right because I own this stock and want the price to go up.... the shorts will say I am wrong and the price is going down (and they will put forth good technical arguments), the longs are hoping that I am right...