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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Rascal who wrote (33558)	11/1/1999 2:08:00 PM
From: im a survivor	Read Replies (1) \| Respond to of 41369

Thanks...come to think of it, I remember seeing him over there a couple weeks ago. I have a nice chunk of DELL, but dont really visit the thread very often. Nice day so far for our AOL, and I have another holding, MSGI that is skyrocketing today. The reason I mention this is because the power or CNBC has been a hot topic on this thread. MSGI is a great company no doubt, and yes they are severly undervalued. I, and many other smart folks, have been well aware of this and have been buying heavily in the $10 - $11 range ( I believe the high was near $80, or thereabouts ). Well, we finally got some coverage initiated within the last month, all very, very positive. Yet the stock didn't do much. Today, CNBC talked about the heavy insider buying and mentioned it was undervalued and a great internet value play. Boom- up more then 40% !! Funny thing is, it's just now getting started. Many folks will take their 40% gain and run, yet we should be able to get back to $50+ in a short period of time. I am not hyping msgi, as it doesn't need any, but I found it interesting to see the influence CNBC had. Large block buys were crossing at 16 3/8, which means some big boys had jumped in on the fun...those same big boys could have had the stock earlier in the day for $11......In any event, volume is soaring and you can thank cnbc for this. Although I am long MSGI and am glad it is running, I am not too sure I like the fact that CNBC is as powerful as they are and can influence things in such a way. Have a great day