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


To: esecurities(tm) who wrote (4994)11/16/1999 9:47:00 AM
From: 613  Respond to of 5102
 
esec: do you know of any other buyout offers that were rejected?
What did they offer DBCC to give up it's MKTW board seats? What about the pending IPO's that the DBCC mentioned as probable before year end?

Lot's of explaining still needed - without which shareholders should vote NO!



To: esecurities(tm) who wrote (4994)11/16/1999 9:54:00 AM
From: SHGLaw  Respond to of 5102
 
This activity of recent weeks doesn't appear to pass the smell test. The self-dealing of the co-CEO's and the discounted merger. As I begin to put the parts together, this would appear to be the absolute worst time for DBCC to have become involved in a merger that didn't involve a substantial premium in light of upcoming IPO potential. Moreover, the co-CEO's appear to have made damn sure they were well taken care of before announcement, as they always have before worrying about shareholders.

While new management certainly can't hurt, that's besides the point. It doesn't forgive H & T their self-dealing. And the terms of the deal appear to minimize the value to dbcc shareholders while H & T get paid off apart from their equity.

I smell class action here. Unless a shareholder white knight steps in and makes this a legit deal.

SHG



To: esecurities(tm) who wrote (4994)11/16/1999 10:41:00 AM
From: Michael Wade  Read Replies (1) | Respond to of 5102
 
It doesn't look like investors are happy with the merger and the latest earnings report (down 2).

Here's hoping that new management can make the most of DBCC's valuable assets and return the company to profitability while maximizing shareholder value.