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Strategies & Market Trends : Rande Is . . . HOME

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To: Vegas who wrote (16655)12/13/1999 10:51:00 PM
From: KevinThompson  Read Replies (1) of 57584
 
Re: MSGI

Unfortunately, I stopped out on the slide south of 15. I came to the conclusion that it might not get much appreciation until after the first of the year, so I set a stop and it executed.

It appears to have acquired some new interest today. I really like the company long term and I do think they are not valued appropriately considering the awesome potential they could achieve.

Ultimately I believe they will get the valuation they deserve (certainly would expect so next quarter), but I am still suspicious of market makers and their known attempts to sucker in buyers prematurely. So, I'm sitting this one out for awhile but keeping it on my watch list.

Regards,
KT
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