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

To: James C. Mc Gowan who wrote (1204)5/29/1999 10:22:00 PM
From: wbASSETt  Read Replies (1) | Respond to of 3418
 
Looking at the TA, I'm thinking MSGI is in an accumulation phase. It seems to make sense for the MM's to be positioning to start pushing the price back up after the Nasdaq National listing becomes official. Then the brokers can start the hype with their customers & the Institutions will be on the band wagon to add huge volume. If this is the case, we should see a huge run-up....pending the NASDAQ Nat. listing
MSGI charts look exactly like CMGI back last Feb : March
this means we bounce between 22 & 40 a few more times IMHO
wbASSETt



To: James C. Mc Gowan who wrote (1204)5/31/1999 1:40:00 PM
From: B K  Read Replies (2) | Respond to of 3418
 
I don't believe we'll see MSGI in that price range again, unless the Economic numbers coming this week are indicative of faster growth than expected. In my discussions with JB the NMS listing should come any day. I believe this should be good for a 15-20% increase in value. If we're lucky enough to get some favorable economic indicators this week we should be back in the 30's as soon as Tuesday. Good Luck to all!


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