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Microcap & Penny Stocks : MSGI Marketing Services Group Inc

MSGI 0.0001000

0.0%

Mar 3 4:00 PM EST

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To: Austin S. who wrote (140)	3/15/1999 9:32:00 AM
From: Austin S.	of 244

Check out this link re: MSGI - dipwits.com Marketing Services Group, Inc. Posted 9:00 PM 3/14/99 MSGI is an industry leader in integrated marketing and Internet services. The company has grown rapidly over the last two years from a $17 million to a $125 million company. On 3/10 MSGI signed an agreement to acquire the marketing services subsidiary CMG Direct and its Permission Plus Web application in a cash and stock transaction that gives CMGI, Andover, MA, a 20 percent ownership stake in MSGI. The deal paves the way for the creation of a stand-alone Internet division at MSGI that will combine its existing Pegasus Internet with the Internet elements of CMG Direct. MSGI expects to announce further deals in the months with a goal of becoming a $250 million business by the end of 1999. In January MSGI acquired list firm Stevens-Knox. MSGI now becomes a hybrid company with two main business lines, marketing services and the Internet. We feel the company has excellent growth opportunities based on its new strategic alignment with CMGI. Its risen over the last few months but still has a very reasonable market capitalization for an internet firm. Profit taking has brought this stock back to a reasonable range. Were posting as a strong buy at $8.00 with a target price of $10-$11+ over the next two weeks. See also: dmnews.com

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