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Technology Stocks : CBS MarketWatch (NASDAQ:MKTW)
MKTW 17.01+1.3%Nov 7 9:30 AM EST

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To: Albert Martin who wrote (330)1/15/1999 2:29:00 PM
From: Sethpop   of 571
 
DBCC owns .137 shares of MKTW for each of their shares. Assuming a $100 number for MKTW (for computational simplicity)...that equates to $13.70 of "embedded" retail market value of MKTW for each DBCC share. However due to the limited liquidity of that holding (both legal and practical...as they own more than the amount that is in the current float) any financial analyst, banker or auditor would discount that by about 40%...so the "worth" is closer to $8.22 at the $100 number. Looking back, one can see that DBCC itself (independent of its ownership of MKTW) was selling for around $5...so at $100 MKTW this would imply a possible valuation of around $13 for DBCC. With the three day weekend coming etc., I would expect DBCC to crash on Tuesday AM to well below $20 and head towards its "parity" value depending on the MKTW price.
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