Data Broadcasting Corp. (DBCC) Message Board

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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: RockyBalboa who wrote (2365)	1/9/1999 4:34:00 AM
From: Richard B. Haenisch	Read Replies (1) of 5102

Hello Christian, I am sorry for the misinformation on NAVRs float, Scott is absolutely right the float is 6.6 million shares with 13.5 million shares outstanding. There are 1.99M shares "short" and institutions own approx. 10% of the float. Even though I hope everyone on this thread will continue to reap from DBCC, I feel that the todays volume of 30 million + shares and a 6 1/2 point gain would be hard pressed to repeat on monday - the float is too high, the resistence around $30 will be enormous - NAVR only needs to get to $16 to realize the same % gain as DBCC going to $30. I wish everyone the best of luck in the upcoming week! One word of caution - BE CAREFUL on gap ups on monday. Monday after Thanksgiving for those of you who remember, NAVR, MZON, AMEN and ONSL all "GAPPED" UP AMAZINGLY HIGH getting all market buys filled, before the MMs "dumped" each and everyone of them down over 50% from their highs. Enjoy your weekend everyone and do some homework to understand what you are buying and WHY! Rico p.s. thanks again for the correction Christian and Scott

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