Bloomberg, DBCC and MKTW?
"For almost two decades...Bloomberg has prevailed...to cater to traders-who measure the shelf life of news in seconds-he built one of the most bloodthirsty newsrooms around...But now Bloomberg faces what could be his biggest challenger: the Internet...But what's more worrisome for the incumbents is the prospect of the Internet diluting the value of their data...eventually the net sites will start to catch up. (Already sites like CBS MarketWatch provide real-time news of their own.) When that happens, Bloomberg is in trouble...And how's Bloomberg handling the Net? Pretty much ignoring it...it's not hard to envision a day when Bloomberg's terminals could become dispensable. 'It's abundantly clear that the Internet will change the model of proprietary-data businesses', says Kevin Werbach, managing editor Review 1.0 newsletter...when it comes time for Bloomberg to expand his online business and defend his niche, it just might be too late to catch the front-runners..."
source: © copyright October 12, 1998 "Why the Net Could Be Bad News For Bloomberg" FORTUNE
accordingly?...Bloomberg simply must? be looking very hard at (NASDAQ:DBCC) dbc.com and their 75% market share of real-time internet quotes...in addition to DBCs 50% [pre-IPO] interest in (NASDAQ:MKTW); IFN; CMS, StockEdge, BondEdge, InSite, Smart-Edgar, Signal Online, Federal News Service,..
Bloomberg may just be daytrading [playing amateur day-traders like a violin whom are unwittingly/contemporaneously providing liquidity to Bloomberg's traders?] his way in to DBCC while daytraders are schizophrenically speculating in DBCC as a way to get into the MKTW IPO yet merely providing affordable/shareholder value entry points for Bloomberg's and or The Street's traders to accumulate substantive positions? as the handwriting appears to be on the wall... |
