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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: HA Sullivan who wrote (965)5/19/1999 5:19:00 PM
From: JPhilipS  Read Replies (2) of 3418
 
I haven't had a chance to study the day's complete action, but I assume some people bought MSGI, hoping for some less than realistic earnings numbers. If they bought last week, they've got a nice profit. Not seeing the numbers they wanted, they cashed out.

Today marks the end of the quiet period. Hopefully the next week will bring us news of what the company has been doing. As I understand it, they've not even been able to comment on NASDAQ process during this time.

I hate losing the better part of 10% on the day, but I am not worried. The temptation for me is to average up and buy more.
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