MSGI Marketing Services Group Inc. Message Board

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Technology Stocks : MSGI Marketing Services Group Inc.

MSGI 0.0001000

0.0%

Mar 3 4:00 PM EST

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To: KMP who wrote (1388)	6/19/1999 12:06:00 PM
From: B K	Read Replies (1) of 3418

has anyone had a chance to listen to ed Mullins interview with Bloomberg on Friday about the Internet, and Direct Marketing market place and the state of the MSGI business plan? My Bloomberg wasn't working correctly on Friday if I can get it working I'll post the transcript next week. What a week this past week was, i bought stock Tuesday and Wednesday and feel pretty good about where we are today. The market will focus on the June 30th FOMC meeting and probably float back and forth as will MSGI with out news. I believe we will see the NMS before that meeting, giving us a push toward $30! If we are lucky enough to get a July rally this stock will rise to the occasion. In my discussions with the management there are a lot of exciting announcements to come shaping MSGI into a whole different entity. If we're fortunate some of these annoucements come in July. my short term target for this stock is $50-55 a share before the end of July, the reasons behind such a move are simple. The NMS appointment will bring the big boys(institutional investors) and with them comes large buying pressure and recommendations from large wire houses slowing some of the volatility in MSGI. The possible announcement of an acquisition will also bring more buying pressure to MSGI. The management has already mentioned their intention to do a secondary offering in the second half of the year, and it makes sense that they want their stock price to be at the high when they do that, thus the encouragement for announcing deals as soon as possible. A deal that makes MSGI a 250mm rev company will open a lot of investors eyes and bring new money to the stock. taking the price higher. granted there are a lot of people that will try and time this stock and sell it as it climbs so selling pressure will inevitably make its way back into the picture and hold us back from the 52 week high. I'm proud to say that I have been holding this stock since January and continue to believe the future is extremely bright, I'm not a trader although this stock has made me wish I was, but as soon as start to think I can trade this one it'll fake me out and go to $100 and leave me in the dust. I'm holding it until the long-term capital gains tax kicks in and then I'll make a decision about any sales. I wish you all a great week and Good Luck!

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