Data Broadcasting Corp. (DBCC) Message Board

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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Kelvin Taylor who wrote (2238)	1/7/1999 11:00:00 PM
From: Mark[ox5]	Read Replies (1) of 5102

Opinion on that yahoo post: It's speculative at best ... rumors rumors rumors. Could be true, who knows... Second Opinion is his buyout price targets are basiocally moot. I think they will be matched next week (24.75 to 29.00 range) just from stock apprectiation .... I'm amazed at all the stock that has churned this week (35 M shares) and the price is about 2 dollars higher than it ended last Friday. Something smells (market makers), but it makes me think we have a hell of a base now ... But it does go to show, when everyone "expects" a certain outcome (in this case: a huge week which most here expected last weekend <yes I'm guilty>) it usually doesn't happen. I think there was a lot of doubters of the IPO date and people who would not buy until the date became a lot more firm in their minds. So I think this is finally happening. The errant Reuters and BW reports of late January were probably some source of weakness. Also, now that I see every post "expect" a big drop after MKTW IPO's, I almost feel that it might make sense to actually expect the contrarian outcome and see DBCC rally through the IPO.... but that would be too bullish hehe. Well CBS and the underwriters were smart about the timing... YHOO reports next Tuesday AFTER the bell, setting up a great Wednesday...and it looks like the whole sector has been rallying the past 3 days on expectations of a big upside earnings surprise of one of the 3 bellweathers of the Internet sector. (so root for YHOO for DBCC sake .. plus hey I got some Feb YHOO calls so root root :) ) Looking forward, I see this very similar to Yahoo has been the past 2 days... not necessarily a HUGE amount of buyers (but quite a few), and this combined with a lack of sellers, ... A) anyone who would of sold on weakness of price would of sold this morning in the 16s, and B) people who bought recently don't have enough gains to take profits. So the next 1-4 points upward should be a "relatively" easy. I'm not sure how long this Internet spurt can continue.. usually the huge moves have been in 4 day cycles the past few months.. and tommorow will be the 3rd... but I think with YHOO on Tuesday this one could go 5 days... hope so :) Simply amazing.. the internet stocks... MArk

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