Also found this interesting tidbit regarding MSGI on RB:
A few people have been touting us on the daytraders.com board.
MARKETING SERVICES GROUP Symbol: MSGI NASDAQ
ING Barings initiated coverage of MSGI with a buy rating. Barings said "to get in on the early stages ofthe company's transition to an integrated database and Internet marketing company, in addition to an Internet investment cehicle. The company has successfully positioned itself as an integrated provider of database and Internet marketing services." Earnings for fiscal 1999 = $0.57 and $0.30 per share for fiscal 2000. Due your own DD but buying on all pullbacks presents a great opportunity for profit in this company.
Price as of tip: $38.62 Target Price: $55.00 Time Frame: soon BUY
Posted on Friday - May 14, 1999 at 9:36:42 by Shindig Reliability : Unknown
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Marketing Services Group Symbol: MSGI NASDAQ
MSGI-DAUGHTER OF CMGI MSGI completed transaction of CMG direct. MSGI president is an ex executive of CMGI. CMGI owns 20% of MSGI. GE capital owns 24% of MSGI. The press release was very upbeat with the following quote: Chairman and Chief Executive Officer of CMGI, stated, "I look forward to working with MSGI to assist them in building upon their business model. I'm confident that, under the direction of Ed Mullen as their President, MSGI is well positioned to move forward with a solid Internet marketing strategy. We look forward to their success." MSGI ends quiet period and reports earnings on May 18th. LOOK FOR MSGI TO FLY BETWEEN NOW AND EARNINGS. GET ON BOARD!!
Price as of tip: $39.50 Target Price: $100 Time Frame: 1 month BUY
Posted on Friday - May 14, 1999 at 9:17:55 by mermelman Reliability : Unknown
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MSGI Symbol: MSGI NASDAQ
MSGI acquisition of CMG Direct complete today. CMGI now a minority shareholder in the company, along with GE Equity. Prepare to hear MSGI uttered in the same sentences as CMGI, Doubleclick, etc., on CNBC, Bloomberg, et al.
Price as of tip: $37.28 Target Price: $+++ Time Frame: ??? BUY
Posted on Friday - May 14, 1999 at 5:26:59 by James Reliability : Unknown
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