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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: Chris Kozaczka who wrote (1023)5/20/1999 4:39:00 PM
From: stock_bull69  Read Replies (1) of 3418
 
My limit order to buy an additional 400 shares of MSGI filled at $32! Of cource it's impossible to time the market as it looks like the low for the day was 31 1/2. Anyway, I now have over 3K shares of MSGI and although I know how painful it is for those who bought near the highs of about $40 just take a deep breath and think about why you bought MSGI in the first place. The fundamentals have not changed. The lack of news over the last few days has given the MM's an opportunity to drive the stock down from about $40 to it's current level of $31+ or about a 20% drop. Just over a week ago MSGI was trading at about $27 and shot up $12. The stock needs to back fill and consolidate. No stock goes up in a straight line. Those of you who can't tolerate the wild swings of INETS should put their money into MF or bonds!

Steve
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