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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: B K who wrote (1081)5/24/1999 1:36:00 PM
From: Austin S.  Read Replies (3) of 3418
 
If Barbera's goal of becoming a $250 million revenue company by end of 1999 is realized, particularly with the acquisition of a solid company with a diverse client base, then I would anticipate very few stops before striking $85. I would expect an announcement of a 2:1 stock split and a closing price by year end in the $95 - $110 range. (If you compare DCLK's valuation to MSGI's - $110 is dirt cheap.) If Barbera was willing to publicly state, back 3 months ago, his plans/goals to acquire more companies (in addition to CMG-Direct), then I'm banking that it will happen and with the same launching effects, if not more, than we've already seen through CMGI's involvement. (Also, you can be assured that Ed Mullen isn't just sitting around twiddling his thumbs.) It is further my opinion that in this industry and with the explosive growth of the Internet if MSGI becomes a $250 million company then it will become a $500 million company in very short order. Again, I believe it is very possible for MSGI to be a $400+ company (per share) within 3 years.
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