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Technology Stocks : DBS INDS - (OTC:BB DBSS)

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To: SHUBLU who wrote (58)2/16/1999 12:51:00 PM
From: Dennis R. Duke  Read Replies (1) of 136
 
Could the money flow be the reason the market is not so strong?:

amgdata.com

Interesting the Buy recommendation was picked up on Yahoo. So it is more public than I said in my last post. But down on the first day of trading in the market on the news:

quote.yahoo.com

We are not going to trade based on the averages in the market, but more on the fundamental news about the Company. But we will be effected by the overall market. I find the Advance/Decline line worrisome:

$ADV - 1606 9:44 Feb16
$DECL - 1248 9:44 Feb16
$INDU - 9332.05 +57.16 9387.66 9275.77 42.6M 9:44 Feb16
$TRAN - 3115.70 +18.81 3140.48 3095.33 4.83M 9:44 Feb16
$COMPQ - 2340.04 +18.15 2368.41 2321.89 9:43 Feb16
$RUT - 399.29 + 0.85 402.73 398.44 9:44 Feb16
$OEX - 622.81 + 6.67 626.74 616.14 9:44 Feb16

While positive today, it has slipped from nearly 3 to 1 this morning to under 2 to 1 at 1.29:1. The general market is not going to rally with this kind of action.

Are you hearing that they hired a CFO, which according to the report is part of the NASDAQ listing?

Later, Runs with Scissors
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