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: Minos who wrote (1576)	7/10/1999 3:33:00 PM
From: sun-tzu	Read Replies (1) of 3418

I have maintained a long position on MSGI for quite some time; however, I have recently been adding to my position and here is why: 1) Beginning June 28th, MSGI has had five strong closes out of nine trading days. 2) It crossed its 50 day moving average on 7/8, but more importantly, it maintained its 50 day moving average on 7/9, a very bullish indicator. 3) Market dynamics have changed so that the worth of "less popular" INET companies can be recognized. Is this Nasdaq listing or acquisition speculation...who cares. MSGI maintains a stronghold on their niche of the internet. They have the support of GE and CMGI to attain their goal of #1 internet marketing networker and incubator. We all know the strength of this organization in the long term. When the market is ready, the stock will respond. Because of the reasons stated above, I believe MSGI is ready to make a move and have therefore acted accordingly.

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