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Technology Stocks : Data Broadcasting Corp. (DBCC)
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To: Frank Griffin who wrote (4506)1/24/1999 9:17:00 PM
From: Jetter  Read Replies (1) of 5102
 
Frank,
Good luck to you, SHG and the rest. You all have lost a lot of money holding on to hopes and dreams here while company directors, insiders and CEO's have sold significant portions of their holdings.

Its obvious, starting with ztect, that you all know much more that anyone directly involved with this company. I do indeed feel sorry for those here hoping for the dream SHG, ztect and the rest of the hypsters are hoping for $50.00... Keep hoping, its just right around the corner...

Here's what DBCC had to say regarding much of what we are discussing (from their most recent 10-Q filing)

Revenues from continuing operations decreased by three percent overall. This decrease reflects declines in net subscribers of broadcast services. Although these subscriber declines were largely offset by subscriber increases for Internet-delivered services, lower prices for Internet-delivered services resulted in a revenue decline.

Maybe there is a good reason for all of the insiders selling into the recent rally...So people like you can cash them out of this company with declining subscribers, declining revenues and increases in internet services that resulted in revenue declines. I know I would pay over 450 times earnings for all of this. HAHAHA... :)
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