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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Sharon L. who wrote (3081)1/12/1999 10:55:00 PM
From: Marketeer  Read Replies (2) of 5102
 
Sharon, here is what I told my friend today who has yet to sell.

Like you, she had entered a sell order last night for $50. Of course, it never made it. And yes the DBCC high/low figures are all over the place this morning. I even saw a $2 low at one point, until it was corrected.

Anyhow, if DBCC gaps up, consider selling! I am afraid it has lost much upside momentum today like many internet stocks. Short-term, there will be much volatility, before and after the MKWT IPO, although the downside seems higher than the upside.

You have good profit. Lock them in. No point holding into a potential downturn, and have to wait for it to come back up. Don't fight the herd. There will be many opportunities to reinvest in DBCC or others after the dust settles. Note, Greenspan speaks on January 20th. No telling what he will say. But I am all cash until then.

Good luck!

Alan
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