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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: ClearSky who wrote (680)5/4/1999 8:05:00 PM
From: JPhilipS  Read Replies (1) of 3418
 
An additional comment, RE: Proposed sale by GEC

Paine Webber could place all those shares with one of many institutions. It's not a big bite for them. It may be the exact opportunity any number of institutions are looking for to pick up a big block at one time without spooking the stock up several dollars. Don't be surprised if the buyer isn't already located. Does anyone think GEC called PW and said, "Sell 500,000 at the market?"

Upcoming news such as the completion of the CMGI deal, NASDAQ listing, etc. makes this stock attractive to bigger buyers who want in now. Anyone who sells based on this news will be sorry when the story crosses that PW has placed the 500k shares.
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