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Technology Stocks : CBS MarketWatch (NASDAQ:MKTW)
MKTW 16.74+1.6%Nov 5 3:59 PM EST
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To: Albert Martin who wrote (330)1/16/1999 6:34:00 PM
From: Gil Gilbertson  Read Replies (1) of 571
 
I think an arbitrage move might be going on, with the
announcement on Friday that Telescan (tscn) has signed a contract
with the much bigger CNBC ( owned by GE), they might be moving out
of overpriced DBCC into TSCN which is selling at 15.5 instead of 29
and has a lot more going for and only a 4 million share float. It
should be able to move up rapidly especially if there are any shorts
to squeeze.

It as a direct competitor to Marketwatch. TSCN also just signed a contracts with Money Mag., Playboy and the biggy for Citibank, and expects to break in the profit column this quarter.
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