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Technology Stocks : MSGI Marketing Services Group Inc.
MSGI 0.00010000.0%Mar 3 4:00 PM EST

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To: Eddie D. Gilbert who wrote (1319)6/11/1999 8:33:00 PM
From: James C. Mc Gowan  Read Replies (1) of 3418
 
Eddie, believe me I have often felt as you do, after becoming an "investor" after I intended to trade a volatile issue. Internets are a challenge for the emotions; I try to buy in at supports and sell covered calls as soon as a good price presents itself. This gives me more of cushion to work with. Can't do that with bb stocks, so I'll only buy when it is near critical support levels, and watch it like a hawk, to see if it can recover, and, in the case of this company, begin to reflect it's fundamental strengths in the share price again.
I do believe this firm has great potential, but the nets could drop back to the 200MA levels, and fast.
You could well be right about further declines in MSGI and other nets; hopefully investors will pick thru the best and lend support to those that merit their hard-earned $$
Good luck
James
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