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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Mr_X who wrote (3052)1/12/1999 7:01:00 PM
From: rogermci®  Read Replies (1) of 5102
 
I'll go you one better than UBID/MALL. TSQD owns 3 million shares of DRIV which is $42. Total value = $126 million. TSQD has 11 million shares out or $11 of value in DRIV alone. Stock trades at $5 a share. TSQD's core business does $50 million in revenue a year. Talk about a discount. The stock was trading at $2 a share before DRIV IPO. So TSQD's DRIV stake is valued at $3 a share even though arithmetic says it's worth $11! Go figure.

roger
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