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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Sharon L. who wrote (2328)1/8/1999 4:23:00 PM
From: Uncle Frank  Read Replies (1) of 5102
 
>> I am a newbie investor

Sharon, you may be new to investing, but you're handling this like an old pro. Setting an exit target is a great strategy, and you should never be embarrassed about taking a profit, particularly an obscene one like you have on dbcc <g>.

IMO, dbcc is not a long term hold; Data Broadcast has never traded in this range before (look at their 2 year chart at quote.yahoo.com. This is a momentum play based on the ipo, and dbcc will inevitably settle back to a lower range after the excitement abates.

I don't think you need to be so humble, not that lawyers are noted for this trait <vbg>.

Happy investing,
Frank
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