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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Srivaths Srinivasan who wrote (240)3/27/1997 7:07:00 PM
From: Jim P Mitchell   of 5102
 
The big guys generally don't buy high.
This Co.s price is teasing lows beyond 52 weeks. I suspect some large holdings being dropped due to new business exposures while others move in willing to assume the new risk-reward environment. In my opinion this company's opportunities are changing for the better but with a different time horizon than some owners had originally expected. Then you have the index/market sentiment having it's independent downdraft effect here as well. It is times like this though that acquisitions come out of the "woodwork", I've been through this before. The news I saw a few months back indicated this could possibly materialize under the the "right" circumstances. This investment clearly has great potential for those willing to take above average risks. It's just a matter of knowing ones own risk adversity. I think a very strong earnings report would send this stock into orbit along with Echostar, though I'm not looking for this to happen as much as I am a bid for the stock.

JP
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