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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: ztect who wrote (2591)1/11/1999 12:12:00 AM
From: Mark[ox5]  Read Replies (1) of 5102
 
ztect, briefing.com may be wrong in their analysis but don't underestime their power.

I have seen stocks move up 40% on a positive spin by them... its better for the longs that the article came out on the weekend, then say at 11 AM , because a lot of people have a "sell first, ask questions later" mentality.

For a parallel, if CNBC "made a mistake" and said something negative about a stock, or an analysts said something negative about a small, relatively unknown stock (i.e. DBCC) the stock would sell off immediately.

Even if the info was incorrect... so have to take that into account.

M
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