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Technology Stocks : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (4905)9/9/1999 9:37:00 AM
From: esecurities(tm)  Read Replies (1) | Respond to of 5102
 
[09-09-1999 06:28 AM ET] DBCC Q4 REVENUES $27.5M V. $24.7M Q4 '98 CITING EXPLOSIVE [395%] GROWTH IN eSIGNAL CONCOMITANT WITH DECLINING LEGACY BROADCAST REVENUES AND MKTW LOSSES...COMPANY ANTICIPATES A CASH POSITION OF $60M BY CALENDAR YEAR ENDING 31 DECEMBER 1999 PURSUANT TO PENDING $10M SALE OF SPORTS OPERATIONS AND ISN...COMPANY HAS REPURCHASED 604,500 SHARES AT AN AVERAGE PRICE OF $9.49 SINCE ITS JUNE '99 BUYBACK ANNOUNCEMENT...MANAGEMENT IS CONTINUING ITS AGGRESSIVE STRATEGY TO POSITION eSIGNAL FOR AN IPO...

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