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


To: David in Ontario who wrote (1411)6/22/1999 10:50:00 PM
From: JavaGuy  Read Replies (2) | Respond to of 3418
 
<<If you believe this stock is a dog then you clearly don't understand or have any sense of what this stock represents.>>

Hmmm, not. David, it's not like I called your daughter ugly...
The stock is a dog, just look at the scoreboard. I did not say that the company is a dog. I, like you, would like to see the stock mirror the company's successes. But a stock that is selling at 1/3 its high is nothing to cheer over, and nothing is more clear than that.
This stock represents exactly what people are willing to pay for it, nothing more. Although we'd like to think that a stock represents the underlying company fundamentals, IMO it doesn't, that would be a bit too rational for a young company in this market.
I hope others don't think that a simple listing change that has been the topic of much promotion here will solve this problem. But hey, if it does, I'll be the first to celebrate! You may be right that the listing change will eventually bring more attention to MSGI, but it is not a cure-all. And I don't think massive analyst coverage will happen as quickly as some claim, and God forbid some analysts pan it. I just can't help being a pessimist in the current inet environment (probably the best time to buy). I have not posted much here, but this thread really needs a different view than the current "rah-rah" atmosphere provides. I'm sure others will disagree, some may flame, but no biggie.

Good luck to all us longs,

JavaGuy