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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: esecurities(tm) who wrote (4960)11/7/1999 2:15:00 AM
From: Lawrence Burg  Read Replies (2) of 5102
 
What a beautiful chart...

While the 5-day looks weak, the 50/200DMA are setting up beautifully. Wait to see if they retest the 200DMA as a support, around $12, in the next few days. If it holds over that, buy under $12.50.

One thing which may affect the trading activity...November 12.5 calls expire soon (19th?), so the price may get down & hover between 12 & 12.5 until then. If this appears to be happening, to make those options expire worthless, the Dec 13.5 calls are a screaming buy. They're probably a better buy anyway.

I'm not sure if DBCC commons have a habit of trading to accommodate option expirations.

Also, pay attention to Hirsschfield's filings...http://biz.yahoo.com/t/d/dbcc_584807.html
...and actual sales...http://biz.yahoo.com/t/d/dbcc_231631.html

Looks like a real good barometer...;o) On;y bad thing is he didn't buy back w/his profits when it was cheap.
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