Data Broadcasting Corp. (DBCC) Message Board

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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Sharon L. who wrote (2334)	1/8/1999 4:52:00 PM
From: Bill Fortune III	Read Replies (1) of 5102

Hi Sharon and I agree with Uncle Frank when he said “Sharon, you may be new to investing, but you're handling this like an old pro” you sure are. Along those lines everyone for that matter is a newbabie as you put it whenever they buy a stock for the first time. No one ever knows for sure which way a stock will move nor by how much. When you base you buying on research and due diligence you have a better chance of ending up with a winner, but that is no guarantee either. In addition to what has already been said to you let me offer one other idea. If you really believe that your upward strike price should be $35 you could possibly do the following if you want to ensure recapture of you investment capital and some profit. Assuming a person purchased 1,000 shares of stock say at $17.50 for a total investment of $17,500 (no commission figured). Then the stock climbs to say $27.00 one could consider selling 700 of the shares and be able to recapture the total investment plus a $1,400 profit. This would for all intents and purposes leave that investor with no dollars invested in the remaining 300 shares. If by chance the stock were to continue to run to say $35.00 or even $50.00 your would gain an addition profit of either $10,500 or $15,000. Even if the stock went to nothing (very unlikely) you would loose nothing base on you original investment. Just a concept I use all the time and it works well. On the other had you could also trade options, but I don't believe you are really ready for that yet! Good trading to you Sharon and everyone for that matter, Best regards, Bill Fortune III

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