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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: Jimbo Cobb who wrote (3393)10/12/2000 8:39:32 AM
From: Austin S.  Read Replies (1) of 3418
 
IMHO, now's the time to "get back" at MSGI by buying at these levels, $2 1/2 or below. Don't let your anger or irritation with JB and MSGI's BOD's incompetence prevent you from making money on MSGI - now. At these prices, I believe you can at least double your money on MSGI inside of 6 - 9 months.

The next Qtr. to be reported will look very good with the company reporting at least $48 million in revenues and it will either be at earnings break even or will only lose a penny or two. The following Qtr. (2nd Qtr. is MSGI's biggest and most profitable) will likely be both cash and, more importantly, earnings positive. MSGI will end FY2001 with approx. $250 million of revenues, at least 80% of which are recurring. MSGI has cash of almost .80 cents per share, is trading at 1/3 of book value, and is trading at about 0.25x FY2001 revenues. Nothing has changed relative to forecasts of explosive growth in direct & Internet marketing industry, $200+ billion by end 2001 ($153 billion in 1997).

MSGI is now a value play.
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