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Technology Stocks : Data Broadcasting Corp. (DBCC)
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To: PAL who wrote (2141)1/6/1999 6:47:00 PM
From: Stephen  Read Replies (1) of 5102
 
PAL, I wish it was that simple. Whilst 'frm T' does designate instinet trades, there are abberations. I saw it a couple of times recently trading COOL. In any event, I only see 2 trades totalling 1700 shares, so no one should expect anything otherwise you are likely to be disappointed by tomorrows opening !!. So far DBCC is doing the one thing not required - suffering price erosion ..... but .... I agree there may well be further weakness. Ideally it should either hold or, what often happens is that there is a significant drop which brings in the buyers which creates upward momentum. At the current time, the price is slipping away. This keeps players on the sidelines. The current strong market is probably not doing us any favours imho, but there maybe a general sell-off tomorrow (though I'm not holding my breath) which will get us back to the launching pad.
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