Data Broadcasting Corp. (DBCC) Message Board

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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: George M. Giles who wrote (230)	3/20/1997 7:55:00 PM
From: Jim P Mitchell	of 5102

Wall street has been ignoring the Computer Data Processing group / index. My look at the approx 107 company index a day ago, shows that the majority of these stocks have the same behavior. Ironically most stocks with no earnings or losses are showing the most resistance in downward price movement and even some are moving upward. Don't know why. In my opinion this stock is very inefficiently traded. Much stock contolled by insiders and institutions with the remainder "blowing in the price wind" traded by those not in the know. Not much valuation information right now to nail an efficient price on this one with the exception of 15.00 dollar/share valuation in January. I believe at least another short term buy opportunity will come Fri, Mon, or Tues. I can't say how low it will go though. The news release about IFN shows great promise. JP

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