Data Broadcasting Corp. (DBCC) Message Board

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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Anthony@Pacific who wrote (3565)	1/14/1999 1:54:00 PM
From: Rashid Garuba	Read Replies (1) of 5102

Long or short? I have a small short position in DBCC. Did well with it on the way up last week. This is how I see DBCC's situation. There is an anticipation run leading to IPO's like MKTW, UBID.. etc. However, similar to most earnings run, they occur a few days before. DBCC ran from the low teens to $45. Does that not qualify as a run-up?? I cannot fathom what more a long can want here besides a possible temporary pop up. The odds are against the longs here. 1. How many recent IPO's have run up beyond day 1?? They typically open, maybe run up and drop the following few days. 2. Current market climate doesn't bode well for MKTW. Even if it was a good market, as I have read elsewhere, MKTW would have to be over $200 to justify current price. It is priced at $15. Even if it did a TGLO and hit $90, DBCC still overpriced. 3. Technically DBCC is loosing momentum. Look at a 5 day 15 minute intraday chart. I trade purely on TA a lot. 4. MKTW is not and Auction, retail, software, or portal site. I just don't see the argument for being long here. Look at charts of MALL (UBID), WCAP (COOL), TSQD (GCTY).

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