Data Broadcasting Corp. (DBCC) Message Board

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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: moby_dick who wrote (4042)	1/17/1999 2:51:00 AM
From: KW Wingman	Read Replies (2) of 5102

Hello M. Dick, I saw the big drop in this stock and looked in here to see what is going on. I see that my good friends Mr. Pick and followers has been here ahead of me. <:} You did goood. That said, the stock has dropped a lot and it seems reasonable that it will have a nice up bounce soon especially since the IPO was so successful. you wrote: What's up for Tuesday when the market reopens? At its current price of $97.50, MKTW implies a price of no more than around $13.50 to $14 per share for Data Broadcasting. With DBCC having closed at $21.75, there's obviously more fireworks to come. Stay Tuned. Apparently you figure that the DBCC has no value other that the company it just spun off? Looks to me like the fireworks may just as likely be a runup due to short covering / short squeeze. If you were short in the last few days you should be satisfied with a damn good profit in a day or two. The runup may have been excessive the rundown may have also been excessive IMO and the run back up can be excessive too. I will be looking to jump in for a nice short covering runup which may occur as soon as the open on Tuesday. Regards, Wingman

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