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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: 613 who wrote (4963)11/8/1999 12:24:00 AM
From: Lawrence Burg  Read Replies (1) of 5102
 
:o)
Good point you have.

Put bluntly, what I saying is Hirschfield seems to file prior to a runup. At which point he sells. He just filed. We should buy.

8 Dec he filed a sale of up to 200,000...
He sells...20K @ $10.25...20K @ $12...50K @ $17...20K @ $19.6...10K @ $18.50...40K @ $18.85...90K @ $24.50...all within 1 month.

8 Jan he files to sell 200,000...
He sells...200K @ $35...250K @ $39...this time, inside 1 week

12 Jan he files to sell 350,000...
He sells...50K @ $34.70...50K @ $31.25...75K @ 28.3...again, w/in 1 week

The numbers may not add up, maybe due to previous filings to sell which I don't have. Regardless, his timing/execution is impeccable, considering the run up of the price from ~$10, to the year high $46, in that time.

He filed to sell up to 300,000 shares as of 11 November (how'd he do that), this coming Thursday. You guess the rest.

I'm not saying it's a gimme, but past history says that he's pretty good at catching the momentum...
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