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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Uncle Frank who wrote (2398)1/9/1999 4:30:00 AM
From: B. A. Marlow  Read Replies (1) of 5102
 
Reality Check for us, Uncle.

Read every recent post on this board and want to reiterate a few things that seem to be slipping:

1) No hard evidence exists that IPO pricing will be Monday; I.I. Online report appears flawed; my take remains Thurs, Jan 14, with trading Fri (options expiration)--till indicated otherwise. If it ends up being Monday, nobody knows this as of Friday's close so it will be decided over the weekend. Don't see this as a midday IPO in any event...

2) In view of indicated pre-IPO demand (not to mention huge hype), max over-allotment will be added and price will be raised to north of $15, maybe even to $18. (No mention in I.I. Online report). The extra capital raised is is good for MKTW, CBS and DBCC balance sheets, but not too important to DBCC price movement. We've got the momentum we need.

Please update this post as new information arrives.

BAM

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