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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: 613 who wrote (5065)5/18/2000 12:17:00 AM
From: flyboy   of 5102
 
I guess that you did not understand my last post. I was showing you that the PR that I pasted was from May 16 AM....The news was released Tuesday morning. Daytraders and others picked up on it today just because it was pumped. That does not have much to do with the investment because those systems will not be mainstream. It does get the company exposure which is positive.

I recently bought shares in the company. I don't own any shares over $5. If you check my profile you will see that I like to buy cheap stocks that have better than average potential for a 100% return or more. I have watched DBCC for a few years, I was a signal customer at one time. I tracked the climb preceeding the MKTW IPO. Pump and dump? I think that usually a pump and dump is someone whom buys on news....I do the opposite.

I never trusted the management of the previous DBCC and thought that based on their debt and business prospects it was overpriced. This is not the same company and has real backing now. I think that the management team will be considerably more effective than the previous group...they were scammers. I like the risk reward model and think that the long term prospects are terrific. Short term who knows? I don't think the stock will be dipping below 4 again but unless the Nasdaq improves or the markets overseas climb the rise may be slow. Today seems to be news related but was it? In a couple of days the daytraders will be gone and we will see where the bid is then.

If the company does achieve their goal of $1B sales what will the market cap be? Seems to me that it will be at least 4 to 5 Billion. That is 8 to 10 times the current stock price. Not a bad return. This company really has very little coverage for the shares outstanding. Management will be changing that...it is their job!

Yep...I am a pump and dumper and don't know Jack!
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