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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: unhook who wrote (1764)8/12/1999 12:50:00 PM
From: RBM  Read Replies (1) of 3418
 
Unhook,

Unsure about the first, but the second is clear to me. GE gave MSGI money, to make money. I am sure they had no idea that in January the were going out for a HUGE 20 bagger by spring. You would have to be an idiot not to sell some of that stock and take some profits. I believe they still own a LARGE chuck on the company (18 or 19) percent. I am thinking people today are really not investing in companies to watch the game plan, and make decisions based on accomplishments and failures. Rather make decisions on the emotion that is the stock market and look for any reason to help with the paranoia that a negative stock price gives. When I was a rabid daytrader on a nice fat level 2 station, that is what we were taught NEVER to do.... NEVER trade on emotions. When I quit trading, I knew that investing was the same, never invest on emotions, thats how the rich get richer (I talking Goldman accounts).... play with your emotions... they can always out wait you for your stock, because they can do without the cash longer then you feel like you can.... Good MM's love emotional markets, they make TONS of money during these times. Everyone who reads this board PLEASE look at all the major inets and their yearly run, and I think you will see the same kind of pattern for all of them. MSGI IMO is doing just fine, and is an entry level into a potential (and I did say potential) ENORMOUS market within the sector.

Rob
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