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


To: Austin S. who wrote (497)4/20/1999 4:30:00 PM
From: Mackcrab  Respond to of 3418
 
Austin, I thought we would see a rebound...

today. MSGI at 23-25 is a steal. Also, the NASDAQ was significantly higher and the stock could not bust into positive territory and stay there. Not a positive sign. I think the day traders are having a field day with our issue. I also think a snipet of good news would definitely help MSGI. Maybe a strong buy recommendation with a target price of 60!!

Crystal ball says tomorrow will be an up day...I hope.

Mack



To: Austin S. who wrote (497)4/20/1999 4:35:00 PM
From: David in Ontario  Read Replies (2) | Respond to of 3418
 
I don't expect too much until mid-May. I suspect that there may be some announcements the week of May 10 - as Ed Mullen is due to be in place as President on May 15 - with possibly an annoucement or two the week of May 17 for good measure. It would be nice to see something in the weekend Barron's at the time as well.

I'll see what the markets are doing tomorrow then I may grab 1/2 of my next MSGI purchase - with the second half a few days later - depending on what the stock is doing.

Give it three more weeks then it'll be firing again. The rotation should have made its way around to bringing those dollars that left for the cyclicals over the last few days.

David.