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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Mark[ox5] who wrote (1948)1/3/1999 6:18:00 PM
From: Jimmy Dell  Read Replies (2) of 5102
 
I see your point and appreciate discussion of all possibilities. I just don't think a gap down will happen if the market has a halfway decent opening. (I'm anxious to see Globex soon.) With the buyers from reading BW over the long weekend, all the other press over the weekend, and also the probable good comments on CNBC in the morning, there will be many pre-open market orders and not many wanting to sell right away because of the bright prospects. It just would not be in the MMs' interest to gap her down. They could make more money with a gap up it seems to me. They gap her up, short at a high point, ride the profit taking down, and then go long when the very soon bounce occurs. A gap up gives them more money making opportunities.
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