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


To: wbASSETt who wrote (1745)8/4/1999 4:19:00 PM
From: Austin S.  Read Replies (1) | Respond to of 3418
 
Ugly day in the market. Even IIXL got drilled hard today when, before, it had been holding up very well. Sell-off seems to be, for the most part, way over done. A rally is near.



To: wbASSETt who wrote (1745)8/4/1999 5:36:00 PM
From: Michael Ohlendorf  Respond to of 3418
 
Does anyone know what effect MSGI's recent accquistions might have on the company's balance sheet ? It seems to me that they are buying too much what the think to believe are "promising business concepts". So they buy no real additional turnover or revenues. Take this "strange" GreaterGood "investment" of 18%. I do not know what to make out of this..... Anyway, I hate when a company does not buy additional revenues..... Maybe a guy with a CPA title might shed light on this question. The next earnings announcement will be most interesting that is for sure !