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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: RockyBalboa who wrote (5057)5/16/2000 8:01:00 AM
From: flyboy  Read Replies (2) of 5102
 
Yes that is a fact. I don't use the past to determine my future purchases. If you are short you will be covering soon enough. I suggest that you don't try to cap it off at $5 though. That would be a lousy financial move for yourself. How much of the decline in these issues was the drying up of the volume in trading in the overall market? I guess that alot of daytraders were hurt by the recent Nasdaq plunge? I was also short the Nasdaq. Going forward there are several key developments that will put DBCC ahead of the pack. MKTW will be a much more international force than many give it crediti for. What will happen once the european computer users begin trading and investing more aggressively? I think that DBCC does have a bright future. The management of the company has also stated that they will be cash flow positive for the rest of this year. I think the real profits are a year off but the market is forward looking and not backward!
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