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DBCC is so different from MALL and USAI. With MALL, the newly spun UBID hardly has any Brand recognition or ( unlike Egghead and Cyberian) the diehard followers among hardcore Internauts.The future of Ubid (and of MALL) will depend on how successful they are in generating revenue, especially during the holidays season , and that's why , even though it may have a good future, it's not sexy anymore. As for USAI and TMCS situation, the parent company here has a HUGE market cap as compared with DBCC. This makes it rather difficult for the capital raised on the day of the IPO to significantly affect the book value, and hence the share price of TMCS. DBCC , on the other hand, has a great BRAND name recognition, a small enough market cap ( about $300 mil or so ), already generated revenue (albeit tiny), and great editorial content that, in my opinion, makes it unique. I think we are headed for a price range of $ 13- $15 during the 12/28 week, and even better , to a target price of more than $ 20 , within the next six months, barring of course any global market meltdown. I would hold my position past the IPO, and enjoy a longer ride/ |
