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


To: Austin S. who wrote (1477)6/30/1999 12:15:00 PM
From: Austin S.  Read Replies (1) | Respond to of 3418
 
What's up with MSGI? Currently up $1 9/16 but it was down a bit the better portion of the morning. Nonetheless, given that I'm a long-term holder of MSGI, I'd prefer a more stable and steady ascent rather than the volatile days of being up $12 and down $8. Yet, I do believe we'll see more days of $7 and $10 point gains.



To: Austin S. who wrote (1477)6/30/1999 5:29:00 PM
From: Michael Ohlendorf  Read Replies (1) | Respond to of 3418
 
Do you know more ? Do you work in this industry or are you also only one of those "self-made experts" here on the thread. All I know is that the company is more than fully valued at these levels in the upper twenties. I bet that there are a whole bunch of people praying to get a chance to sell it again at their purchase price. Remember that not so long ago (about 4 weeks !) the stock shot from ~$8 to $60 and some people must have bought it on its way up. So all you can do is hope that those people hang on to their stocks and more importantly hope that interest rates do not move back up over 6% in a couple of days again or after the earnings euphoria is over.