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


To: LOGAN12 who wrote (1192)5/28/1999 8:21:00 PM
From: David in Ontario  Read Replies (1) | Respond to of 3418
 
Q. What would you rather have (1) short-term 'near correction' for the market that IMO is very healthy and which I suspect the Fed will look favourably upon, or (2) interest rate hike?

If the internal fundamentals are strong and the management team first rate then you have little to worry about over the mid- to longer term. This applies not only to MSGI, but every other stock - as long as the relevant sector is not in a prolonged downturn - then you just wait longer if you continue to hold.

DELL is down and this was predicted a few months back with a mid-year number of $25-30 given - thereafter a powerful trend back up. I sold my DELL @$50 - so why couldn't I sell my MSGI for a 300% profit when it was also above $50?

Look at a ten year chart for IBM.

I'm in a good mood today (as usual). I visited with my tax accountant this morning - getting a sizeable refund shortly - now when that's deposited into one of my bank accounts what are the chances of MSGI dipping back to sub $5 for an hour or two?

LOGAN12 go sit on the porch, have a beer and enjoy the warm evening.

I'm now in 'almost vacation' mode.

David :))