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Technology Stocks : MSGI Marketing Services Group Inc. -- Ignore unavailable to you. Want to Upgrade?

To: David in Ontario who wrote (1373)	6/17/1999 1:21:00 AM
From: Monty C	Respond to of 3418

I hope it goes to 40+. I think I was one of the last to buy. In at 40. This fun 4 weeks has really tested my metal..patience. Looking to add a little more if AG doesn't throw any curves tomorrow. Good luck. Monty

To: David in Ontario who wrote (1373)	6/17/1999 2:42:00 AM
From: B K	Respond to of 3418

I agree that we should all find a comfortable place to sell, however I believe $35 is too low. The reason our stock got over bought was the day trader frenzy that happened after the announcement of the CMGI deal. The same reason we dove on Monday and Tuesday was the idiots that waited until the stock got over sold and sold into it thus taking MSGI to these bargain prices. I'm sure the folks that sold into Tuesday are feeling pretty smart, and the ones that sold on Monday are considering a purchase. I have a vision of what this company will become and it includes NMS, and National Firm Recommendations from companies like Smith Barney, Lehman Brothers,etc. I believe that management will reach their goal of 250+mm in annual fiscal revenue, through both organic growth like Levis' Straus and Fed X, and through acquisitions of privately held internet companies with strong management and critical market share. I believe that the ING Barings analyst is right in predicting that MSGI will have positive earnings within 5 quarters. The difficulty in valuation for MSGI is that they are a Niche Company that has a lot of characteristics that can't be matched with any other companies. Find a 250mm a year internet play that's making money and put that companies market cap on this one and I think you'll come up with a number somewhere close to $80-85! Some may think that aggressive for a 15 month return, but I believe it could prove conservative. I know this last month has been hell for all the longs and you've been kicking yourselves for not selling in the 50's(2 days),but those characteristics that caused this stock to get manipulated will be gone with all of the items I previously mentioned(NMS, Recs,Acquis). I think the institutions are waiting with baited breathe to buy our stock at these prices! They will buy MSGI below $20 as long as people will sell it to them, the beautiful thing is that theres only so much stock available for sale and when that runs out the price will climb. Don't let this recent head fake from the CPI and PPI cause you to sell too soon cause you'll kick yourself even harder if you sell at 35 and watch it go to $60! Good Luck