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


To: Mark Peterson CPA who wrote (1116)5/24/1999 10:38:00 PM
From: David in Ontario  Read Replies (1) | Respond to of 3418
 
I go away for 2 days and you boys are bickering?

My advice - thoroughly research your picks as best you can - don't jump until you're happy with your pick - then let the fundamentals take over and forget day-to-day or week-to-week ups and downs.

MSGI has come a long way since January 1. It remains a solid pick. It still has a long way to go. Right now it's not an AOL or YHOO - but 10 straight quarters of double digit revenue growth says something. However, ongoing acquisitions are very important - adds 'ready made' components to the parent MSGI. The 'organic growth' will happen as MSGI moves forward. Recall that Bezos has no intention of AMZN 'just being a book company' - that's not the vision - that's not the long-term strategy. The 'nets are different to other mature stock sectors.

MSGI has one of the finest pedigree's and backing from some of the finest companies.

I'll be unable to follow it that closely for the next six weeks as I have other commitments - namely two vacations - which I will thoroughly enjoy and I'll forget about MSGI and my other picks until mid-July.

They are solid enough to look after themselves.

David :)