SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MSGI Marketing Services Group Inc. -- Ignore unavailable to you. Want to Upgrade?


To: JavaGuy who wrote (1412)6/22/1999 11:14:00 PM
From: David in Ontario  Respond to of 3418
 
JG - the rumor mill on RB pegs next week as the NM announcement + potential upcoming acquisitions soon - so we'll see.

I love this stock. I'm an idiot for not selling @$50+ for a 300% profit first time around. I've taken the opportunity to double up below $20 and next time it runs I will take a profit. I gives thanks for the opportunity to grab more shares at these levels. I take that as a gift as I failed to take a profit first time around.

I agree that a NASDAQ NM listing in itself does not add real value to the stock. At best a move to the NASDAQ or from the SCM to NM may generate short term excitement - but it all comes down to the quarterlies and those numbers in black and white.

What I am looking for in the NM move is that it will bring coverage by analysts from big name firms - not all at one as you suggest - but it'll start to happen soon IMO. I will also be looking for articles in the business press appearing more frequently over the next several months. Exposure is very healthy and the NM listing will encourage this to occur more frequently.

I just can't see anything on the downside at present. The float is around 7 million with another 32% locked up by GE and CMGI. A 500k block was let go @$40 or so (from the Insider Trading info) - but those sales have been somewhat quiet.

Just for interest I took a look at the MSFT insider trading info - and take a look there for some huge numbers - but MSFT has a huge float.

The summer is somewhat quiet. I saw Michael Dell on CNBC last night (or the night before) and he was very upbeat. A few months ago this stock was predicted to fall to $25-30 before a strong turnaround later in the year. I see nothing wrong with that stock at all.

The summer is a great time to have some cash at hand and do some buying.

Let's see what next week brings.

David :)



To: JavaGuy who wrote (1412)6/22/1999 11:38:00 PM
From: RBM  Respond to of 3418
 
Java,

Are you kidding me, this stock is a scream... it is up over 10x its yearly low... which mind you it was in the 2 to 4 dollar range not long ago, its only a dog if you didn't buy it then, or if you bought at 60 and have to wait for it to grow up to that price. LOL how many 10 baggers do you register a year???

Rob