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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: SHGLaw who wrote (4333)1/20/1999 9:33:00 AM
From: Jetter  Read Replies (1) of 5102
 
SHG,
I still ask the question, why would anyone want to buy this stock?

Virtually no revenue growth, a P/E of over 450 and massive insider dumping. On top of that, they issue several PR's yesterday to prop up the price... Why? More insiders selling? Delay the death spiral?

The bullmarket report is a joke, to buy a company with a P/E of 450 or greater they better be doing a hell of a better job than DBCC. They can barely grow revenues by 10% per year, most other inet (even 3,4 and 5 tier) companies are growing revs by 20-40% per quarter, not per year...

So, why would you buy or hold this stock?

BTW, if DBCC hit bullmarkets target of $33.00, it would translate into a P/E of roughly 825... LOL
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