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

To: Calvin who wrote (2036)	9/7/1999 8:48:00 AM
From: Austin S.	Read Replies (1) \| Respond to of 3418

Today's press release was scan on details, but I am surprised to see the amount as being $25 million. Given MSGI's current market cap, this is an impressive amount. All buyers are institutions - the ones most capable of manipulating the stock. These institutions bought approximately 10% of the company. Using simple math, it would appear that the stock was placed at about $10.20 per share. They obviously believe that this company is worth at least this much per share. Indeed, I would presume that these institutions believe they got a "deal" in buying these shares at these prices - thus the reason they did the deal. I'm thrilled that I bought more at $11 1/4