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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: chester lee who wrote (4686)11/19/1998 1:06:00 AM
From: Mr. Pink  Read Replies (3) of 18998
 
Attention all Pinkophiles: Mr. Pink's new internet selection DBCC...Databroadcasting (7 3/4). Should go up if the company anounces that the IPO of its internet sub, Marketwatch.com. DBCC owns half of marketwatch.com with CBS. Assuming Marketwatch trades to 500MM valuation, DBCC's 1/2 interest is worth $250mm or the current market price. Core bizz is worth 5 bucks, so price target is 12 bucks.

Remeber, internet plays are volatile and dangerous. This is a spec, but probably a good one.

Mr. Pink
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