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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: Austin S. who wrote (1404)6/22/1999 5:19:00 PM
From: David in Ontario  Read Replies (1) of 3418
 
Austin...I'm not going to predict when the SCM to NM move will take place. With all things like this they never happen as quickly as we would like.

I have every confidence in management and they fully understand the importance of the move from the SCM to NM. Until then I doubt if we'll see any major 'initiation of coverage announcements' - though I suspect some analysts may be already preparing their research materials.

Even at this stage in the development of the company it offers the analysts some weighty and strong components. I suspect that we'll hover in the $15 to $25 range for the next little while - unless there is some substantive News outside of the SCM to NM move.

Given the base that MSGI is building at $20+ (since mid-April) I can see that an upside breakout upon the SCM->NM move and some coverage announcements would propel the stock back up the ticker in quick fashion.

David :)
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