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Technology Stocks : Data Broadcasting Corp. (DBCC)
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To: Kevin Podsiadlik who wrote (4129)1/17/1999 9:43:00 AM
From: PAL  Read Replies (1) of 5102
 
People bought DBCC for one reason only: IPO of MKTW. Buy on rumors and sell on the news. You hit the nail right on the head about arbs action in taking advantage of the disparity between MKTW and DBCC.

For those longs, one question:

Would you spend additional money to buy DBCC at current price?

If your answer is NO, then why are you holding your shares?
If the answer is YES, good luck. Do you think DBCC will go back to the 30's? Or you are just trying to get an extra dollar for the shares?

As to the person buying at the market at the open, there is always a tuition to gain experience.

Paul.
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