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

To: wbASSETt who wrote (1970)	8/30/1999 9:15:00 AM
From: MeDroogies	Read Replies (4) \| Respond to of 3418

I'm very interested in MSGI, but I have serious reservations. I'm not much of a TA follower, but I've learned to read the charts and it gives me good indications of when to get in/out of stocks. Over the last 6 months, MSGI has a trendline that shows it to be very sick. Lows are lower, and highs are lower. It broke through virtually all its moving averages, and has a hard time getting back up to them. On the positive side, the Bollinger Bands have narrowed. BUT it bounces along on the lower end of the bands, which indicate a stock that is trending down. That said, just because a chart shows a sick stock doesn't mean it's in bad shape. I invested in ORCL when the charts look miserable and have doubled my money. I invested in AAPL when the charts looked even worse and tripled my money. But I had good reasons to invest in these well managed companies who had valuable brand names. Can anyone give me 3 good reasons why this is the case here? Not bashing the stock....just trying to get ducks in a row before I invest. I see good things here, the timing is right, but the charts are not telling me good things....

To: wbASSETt who wrote (1970)	8/30/1999 7:55:00 PM
From: John Madarasz	Respond to of 3418

Earnings Report... There seems to be some conflicting info regarding the next earnings announcement. A fairly thorough search of the MSGI website this evening yielded no information. I do however offer the following: techstocks.com Other shareholders can write, call or fax: Investor Relations Department MSGI 333 Seventh Avenue, 20th Floor New York, NY 10001 212.594.7688 212.465.8877 msginet.com Fairly predictable price action... a welcomed opportunity to add to current holdings. Best Regards, John Madarasz