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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: Marty Rubin who wrote (4406)1/21/1999 1:46:00 AM
From: ilh1  Read Replies (1) of 5102
 
DBCC can never, never behave like ebay because of ONE very BIG difference....

Its what new investors keep missing the point on:

The size of the PUBLIC FLOAT......At over 20 million plus, it makes it very difficult for sustain high increases in price.

If you examine the Internets really high flyers, they all nearly have very small floats; usually less than 4 million.

And don't forget, no company that has only a 1.5% profit margin is going to attract and keep the attention of investors.

Alan Greenspan warned investors yesterday, that these company's need to have obtainable real profits to justify extremely high valuations.

In and of itself, DBCC just does not have a hold lot going for it..therefore its price will remain low ($8 to $10) and there will be no miracle run, as so many are hoping, to $30 dollars...

The "death" of MKTW will be the "death" of DBCC......

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