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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: esecurities(tm) who wrote (1395)8/19/1998 2:02:00 PM
From: esecurities(tm)  Read Replies (1) of 5102
 
In the words of Mark Imperiale, President dbc.com

>>We have not established 4Q release date but it will not
>>be until Sep. Nothing to report on LCN/ISN at this time.

> -----Original Message-----
> From: Channel W(tm) Broadcasting Network(tm)
> [SMTP:networth@esecurities.com]
> Sent: Wednesday, August 19, 1998 7:56 AM
> To: mimperiale@dbc.com
> Subject: Q4 '98/fy '98; CBS
>
> Mark Imperiale, COO
> DBC.com
>
>
> Please advise q4 release date/time and any/all information regarding ISN
> and LCN divestitures. With all due respect Mr.Imperiale, this [no
> shareholder value creation in [years]] is [beyond] getting old. Last year
> you indicated to me that if shareholder value was not created by
> mid-fiscal
> 1998 you would seriously consider putting DBC in play by q1/q2 '99.
> Accordingly, what now are your plans in creating shareholder value?
>
> Thank you Mr. Imperiale.
>
> Sincerely,
>
> /s/Norman A. Levinson, Chairman
> esecurities corporation
> Channel W
>
>

...he didn't exactly answer our question...and the answer he gave confirms our worst suspicions...in our opinion...waiting until September to report q4'98/fy '98 numbers ending June 30, 1998...pink sheet mentality(.)
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