SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Data Broadcasting Corp. (DBCC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tri Bui who wrote (2354)1/9/1999 11:48:00 AM
From: Stephen  Read Replies (2) of 5102
 
A word of CAUTION - but first my apologies to Tri Bui as there are obviously shorts starting to take positions in the stock so I was wrong.

This is why.

I have just caught up with the posts and Mark is offering sage advice, this is a dangerous price area imho. It maybe worrthwhile doing a reality check. MWKT needs to debut at around 80 to be worth 10 points a share to DBCC. Even if that happens (doubtful but who knows) that would mean that DBCC needs to trade at its all time high of around 16 to get to the current 26+. These figures are approx, but close enough.

Take this into consideration with Marks posts and the arrival of shorts (who at some stage will start to 'workover' the thread posting all kinds of 'facts' to undermine the longs confidence), and many of you may want to take a step back and think about the downside as well as the potential upside. If briefing.com does another post like its last, stating the true worth of the IPO to DBCC, the price could take a sudden dive.

Thats the negatives.

On the other hand, the price held up well Friday, even though some of the other internets I follow lost their gains and ended the day negative. This is a good sign. Too bad there is a weekend between the momentum !!.

There should be lots of free advertising on CNBC next week ...so as long as they stay away from any facts like briefing.com (which lets face it, is almost a certainty given the amount of 'in-depth' reporting CNBC do).

So I'm still looking for consolidation rather than appreciation early next week.... but then the price is a lot higher at this point than I expected/wanted.

Good luck all ... have a great weekend !!

Stephen

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext