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Technology Stocks : Data Broadcasting Corp. (DBCC)
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To: Jim P Mitchell who wrote (1029)4/15/1998 8:05:00 PM
From: peter michaelson  Read Replies (1) of 5102
 
I think the lesson is that DBCC has a history, whereas other internet plays do not. In Internet plays, lack of history is accepted by necessity and is not a negative.

Unfortunately DBCC's history is decidedly mixed, and investor confidence in top management is low. DBCC has a history of poor acquisitions and has the ability to undermine the clear value that it has in its internet businesses with other poor business decisions.

I think DBCC will catch up to a great degree, but the best value to shareholders would be an independent spin-off to shareholders of CBS.MW, rather than an IPO with the shares sitting in DBCC's pocket.

peter michaelson
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