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


To: Mark Peterson CPA who wrote (1095)5/24/1999 3:31:00 PM
From: Austin S.  Read Replies (2) | Respond to of 3418
 
You can be sure that Mark Peterson was a "doubting Thomas" who condemned the thought of and viewed it as being irresponsible to suggest that ebay might go from its Oct. '98 IPO price of about $9 (adjusted for splits) to its current price of $178; that DCLK might go from about $9 (ajusted for splits) to $98 in in less than 9 months; or that Yahoo, after huge runs, could possibly go from about $40 (adjusted for splits) to $138 in less than 9 months. Others? - AMZN, CMGI, XCIT, LYCOS, GeoCities, etc. Again, can you say "lack of vision." Regardless, the lack of vision and acceptance of the Internet's impact on the world and the economy is obvious.



To: Mark Peterson CPA who wrote (1095)5/24/1999 6:38:00 PM
From: B K  Read Replies (1) | Respond to of 3418
 
Mark, sorry to get so personal this afternoon, however, Austin was simply responding to my hypothetical question regarding MSGI reaching the 250mm annual rev number, which I believe is going to happen. Perhaps his long-term prospects are a bit inflated, but as I said earlier today, the management of this company wouldn't put such a bogy out there publicly if they didn't see it transpiring. So I ask you now, in your opinion where would such a move in revenues take our stock value?