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Technology Stocks : Data Broadcasting Corp. (DBCC)
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To: RockyBalboa who wrote (1591)12/2/1998 4:38:00 PM
From: Mad2  Read Replies (1) of 5102
 
Hi Christian
I've been in and out of DBCC and have done well. Last Friday I decided to go long and picked up 3k at the open at 10 and change (I hink I should have sold at the close as I could have bought in today). Anyway who knows these things ahead. I tend to do better day trading than taking a position, however I like CBS Marketwatch. In my opinion it has the chance to remain one of the leaders in financial news. Valuing the MKTW portion of DBCC is certianly tricky. On a revenue & profit basis DBCC is obviously overvalued, yet based on brand recognition, credibility, quality of product they have the opportunity to build a strong franchise is a hot!!! growth market with spells profit opportunity. Frankly I think this is a much better buy than Yahoo. I did nicely with SHRP and today DLIA shorting them at the open when they gap over 100%. DLIA moved down quite a bit and I went long on a couple k at the close. Interesting company (they sell to teenagers, which is another hot growth market as they are spending money and the demographics are increasing).
Let me hear your ideas and tell me what you think of the new German govt (Are they a bunch of tax and spend socialists??? That's how they are portrayed in FT).
Good luck MAD
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