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

To: David in Ontario who wrote (500)	4/20/1999 8:30:00 PM
From: David in Ontario	Read Replies (2) \| Respond to of 3418

Found more insider selling - another 363,940 shares insidertrader.com The SEC filings aren't listed in calendar order - so I missed this one. This was a Type S transaction (April 16 SEC filing). A Type S is an Open-Market Form 4 Sale. Shares were sold March 1-15, at an avg. of $7.99 for a total of $2,908,258. The two Insiders selling were: U, U U = Unknown. Usually the result of a form that was not filled in properly. [ Sorry that is what the code 'U' is given as in the key ]. That's it from me for today. You need a subscription to the above site for timely Insider trading information. David.

To: David in Ontario who wrote (500)	4/20/1999 10:53:00 PM
From: Austin S.	Read Replies (1) \| Respond to of 3418

David in Ontario - I make nothing of the insider trading other than someone needing the cash or taking profits from stock acquired at $2 or better. I can't tell you why the shares were sold by insiders here recently any more than I can explain why insiders sold over 700,000 shares of MSGI between Feb. 3 and March 15 for prices ranging between $4.98 and $11.00. Don't you know those insiders wish that they had those 700,000+ shares back now! There wasn't a problem with MSGI when those 700,000 shares were traded during Feb. & March '99 and there are no problems with MSGI now. In two months, those insiders having sold @ $30 will be kicking themselves as well. MSGI's current President & CEO, Jeremy Barbera hasn't sold a share, has filed to sell any stock, and has, instead, continued to accumulate MSGI stock. That I like.