MSGI Marketing Services Group Inc Message Board

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Microcap & Penny Stocks : MSGI Marketing Services Group Inc

MSGI 0.0001000

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Mar 3 4:00 PM EST

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To: Andrew Wallace who wrote (91)	2/17/1999 10:16:00 AM
From: Austin S.	of 244

This morning's press release provides a clearer view of MSGI's progress and improvement. Granted, the stock is down a bit today -as is the Nasdaq (down 20+ pts.) but revenue is most clearly continuing to grow and grow at a faster pace, even without the Stevens-Knox acquisition in play. Also important is MSGI is making clear strides towards profitability. Losing 14 cents for this 2nd fiscal Qtr. compared to a loss of 33 cents last years 2nd Qtr. equates to an improvement of 57.5%. All in all, it is clear that its fundamentals remain intact and this company is progressing nicely. ______________________________________________________ Revenue for the second quarter was up 56% to $16,640,513 as compared to $10,673,770 for the second quarter one year ago representing the 9th consecutive quarter of double-digit revenue growth. Net loss for the second quarter was $(1,525,842) or $(.14) per share as compared to $(884,484) or $(.33) per share for the second quarter one year ago. Earnings per share improved by $.19 as compared to the first quarter one year ago, including the $290,424 dividend to GE Capital Services. biz.yahoo.com

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