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


To: Andrew Wallace who wrote (91)2/17/1999 10:16:00 AM
From: Austin S.  Respond to of 244
 
This morning's press release provides a clearer view of MSGI's progress and improvement. Granted, the stock is down a bit today -as is the Nasdaq (down 20+ pts.) but revenue is most clearly continuing to grow and grow at a faster pace, even without the Stevens-Knox acquisition in play. Also important is MSGI is making clear strides towards profitability. Losing 14 cents for this 2nd fiscal Qtr. compared to a loss of 33 cents last years 2nd Qtr. equates to an improvement of 57.5%. All in all, it is clear that its fundamentals remain intact and this company is progressing nicely.

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Revenue for the second quarter was up 56% to $16,640,513 as compared to $10,673,770 for the second quarter one year ago representing the 9th consecutive quarter of double-digit revenue growth.

Net loss for the second quarter was $(1,525,842) or $(.14) per share as compared to $(884,484) or $(.33) per share for the second quarter one year ago. Earnings per share improved by $.19 as compared to the first quarter one year ago, including the $290,424 dividend to GE Capital Services.

biz.yahoo.com



To: Andrew Wallace who wrote (91)2/17/1999 1:55:00 PM
From: B K  Respond to of 244
 
When you control large sums of a small cap stock, the president usually takes your calls. Your not seeing the bigger picture here. This stock will be in double digits by the quarterly report.



To: Andrew Wallace who wrote (91)2/17/1999 5:18:00 PM
From: Austin S.  Read Replies (2) | Respond to of 244
 
Hey Andrew Wallace: Now what were you saying about the numbers? Bad? MSGI posted record revenues, a 56% increase in revenue, and a 58% increase in profitability from 2nd qtr. last year. (I didn't realize the significance of the increase or the numbers until this morning's press.) Am I missing something? Tell me again why this is not fantastic. In any event, Wall Street seemed to like the numbers. MSGI was up over 5% on a day when both the Dow and Nasdaq were down 101 and 64 points, respectively.