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

To: JPhilipS who wrote (933)	5/17/1999 9:02:00 PM
From: stock_bull69	Read Replies (2) \| Respond to of 3418

Found this post on the RB site highlighting the 2d Quarter results for MSGI: Good news included in the press release issued 5/17/99 after close: 1) MSGI reports record revenues in third quarter. 2) Revenue for the third quarter increased 51%. 3) 10th consecutive quarter of double-digit revenue growth. 4) 45% top line growth in internet marketing business, excluding recent acquisitions. 5) First Call estimated net loss of .16 per share. Net loss was actually .14 per share (excluding extraordinary charges of .08 for GE Capital dividends that were not included in either computation). 6) The dividends to GE Capital ended last quarter. 7) The net loss was principally attributable to fulfillment operations, which have since been divested. i.e., Won't be dragging down earnings next quarter. 8) Ed Mullen, a CMG executive, was named to the position of President of MSGI, effective May 14th, 1999. 9) General tone of press release was very positive. Actual Press Release: investor.msn.com Steve