B K - MSGI is a gift at these levels IMO. It has two very solid big name shareholders, management is top rate, their revenue growth remains very impressive, their market penetration continues to improve and 'organic growth' is also improving nicely.
At these levels the only word that I have to offer is 'accumulate' which I continued to do yesterday :))
I'm largely a position trader and I invest on fundamentals, i.e., strength of the management team, market position, strategy, institutional support (e.g., GE and CMGI), revenue growth, market sentiment for the stock, etc, etc.
I agree with your post that the stock is oversold - which I also mentioned yesterday.
I have several more days to catch up with the posts before my next holiday :)))
Loved the CPI number this morning - if the Fed does tighten this month looks like it may be just 25 basis points.
I now look forward to a move from the NASDAQ SCM to NM and brokerage houses and institutions making 'initiation of coverage on MSGI' announcements.
All remains well IMO.
David :) |
