Metromedia International Group (MMG) Looking for Opinions Message Board

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Technology Stocks : Metromedia International Group (MMG) Looking for Opinions

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To: John Liu who wrote (31)	4/26/1997 10:13:00 PM
From: Elayne Shochet Tatar	of 353

Barron's info is that there are 63.336 million shares of stock. 31.57% owned by 111 institutions. I also read (don't remember where) that company recently filed to issue preferred stock. Company performance improved quite a lot over year before. Fourth quarter 96 loss was 52cents per share. Year before it was $10.18, even subtracting the $8.10 attributed to disposal of discontinued operations, that's a big improvement. I bought this stock for the future, as it will take time to build in eastern Europe. Kluge is there, not restricting company to one type of technology, and building number of ventures. Pull up the company on the Barrons online site and, in the recent news section, you'll find a great deal of company activity in the last several months. Obviously I think this is not a get rich quick but a good one for the future.

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