MSGI Marketing Services Group Inc. Message Board

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Technology Stocks : MSGI Marketing Services Group Inc.

MSGI 0.0001000

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Mar 3 4:00 PM EST

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To: Michael Ohlendorf who wrote (1357)	6/15/1999 5:13:00 PM
From: David in Ontario	Read Replies (1) of 3418

Mike - grabbed some more MSGI today ahead of the CPI #. Whatever that number is and whatever effect it will have on the stock then I'll either average up or down when I grab some more. The stock has come a long way off its high and internally continues to gain strength. Given this - and as it appears somewhat oversold to my mind - it can move back up the ticker without too much effort. As with any I-nut stock you need to be very careful if you're on the short side of the tape or margined. I'm neither - which helps me sleep at nights without any worries about my holdings. Watch the MSGI ticker closely over the next week or so if you are indeed short - though you probably missed the stock when it was above $50. Once the CPI number and likely rate hike are behind the market - then it's back to business and the current tech correction will be over. Many of the pundits and commentators are hoping for a hike (up to 0.75% from what I've seen) as it'll demonstrate that the Fed still retains firm control and Cramer said it would ensure the bull market runs for another 10 years!! Good luck to you. David :)

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