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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: who wrote (199)2/6/1997 4:04:00 PM
From: David Luckie   of 5102
 
The press release said:

The company noted that these investments reduced net income by approximately $0.03 per share in the quarter and $0.07 per share for the first half. Losses are expected to continue from these development activities for the remainder of the year.

Without those "investments," earnings per share would have increased by 60% and 70% for the 3 and 6 month periods, respectively. This is precisely the kind of growth I had expected when I bought this stock, but I had also expected to see the stock price increase accordingly.
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