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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Mark[ox5] who wrote ()	1/5/1999 12:44:00 AM
From: Allen champ	Read Replies (1) of 5102

From Street.com Heaping Helping of IPOs The recent run in Internet stock prices sent a flood of companies back to the markets, including Ticketmaster (TMCS:Nasdaq) , Xoom.com, AboveNet Communications, audiohighway.com and uBid (UBID:Nasdaq). Those that didn't already have initial filings with the SEC decided it was as good a time as any to start the IPO process. And the floodgates will likely open wide with the start of the new year. Scudder Kemper's Stuart says one of the hot IPOs coming up in the new year is PC Order. Another IPO on the way is the joint venture of CBS (CBS:NYSE) and Data Broadcasting (DBCC:Nasdaq), Marketwatch.com, expected in late January. Shares of DBCC, in anticipation of the IPO, have more than doubled in the past two weeks. Brines, the Phoenix fund manager, says that "1999 is going to be an exciting year." He adds that "1998 saw the stock prices rise in anticipation, as '99 will be a year of proving business models. If they prove that they can deliver revenues and eventually earnings, those stocks will continue to run."

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