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


To: Joana Tides who wrote (2062)9/8/1999 8:52:00 PM
From: Mark Peterson CPA  Read Replies (3) | Respond to of 3418
 
Hanna, enjoyed reading your musings on MSGI.

Rob, what does this stock need to go up, a compass?

I just don't get my jollies off of shorting stocks and at this level, MSGI is not a short. I've always placed bets so I could make money, even if it took 3 - 5 years. And whether or not to my misfortune, not in MSGI. Don't see a thing that MSGI is doing wrong, other than refusing to sue its bashers on the RB MSGI thread. But it sounds like more of a display of integrity to me. Like, we don't worry about the small problems.

They've got a great business model. And you know what? I'm willing to let them implement it, unlike others who still have that axe to grind from its free-fall from over 50.

Many institutions can't buy this stock because the float is less than 400M. But for those who can, IMO, they do have the next DCLK in their portfolios.

BTW, I'm not pumping the stock. Every investor is responsible for his/her portfolio decisions. If it goes below 10 in the short term, do I care? Hardly. I'm not looking at this stock from the rim of the rut. The horizon is further out and, given time, they're the most reasonably priced stock in its class.

One day, this may be more widely recognized.

And, of course, the stock price will reflect the market's confidence.

JMO,

Mark A. Peterson