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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Kelvin Taylor who wrote (2124)1/6/1999 6:00:00 PM
From: B. A. Marlow  Read Replies (1) of 5102
 
Good question re: trade date, Kelvin.

01/14/98 is still a *tentative* pricing date, but it's the first "actual" date I've seen. Much better than "late January" or "week of 01/11. But it could easily change (earlier or later, but almost certainly within the designated week).

Typically, IPOs price after the close and start trading the next day. There are exceptions, however, including mid-day pricings. (Wasn't AHWY a recent mid-day "wonder.") In the end, it's a "game."

One more point. In view of strong MKTW IPO demand and the huge market move this week, I am certain MKTW will price above the indicated range ($10-12). Very bullish for DBCC holders. Keep your eye on esecurities' posts here, and sit tight. In particular, don't be put off by any MM-induced DBCC weakness in the next few days...

BAM
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