To: Jim P Mitchell who wrote (839 ) 3/27/1998 6:22:00 PM From: esecurities(tm) Read Replies (2) | Respond to of 5102
DTLN, TAKE THE MONEY AND RUN?!! Pressman, FIRE YOUR ANALYSTS! (NASDAQ:DTLN) simply cannot be Pressman's actual target. In recent month's DTLN was a prime short for Michael Murphy's [California Technology Stock Letter]...Futhermore, the following provides superior empirical corroborative evidence that DBCC and not DTLN should be Pressman's target, if anyone, should be targeted in the financial services market as an asset/undervalued play... DTLN DBCC* Shares Outstanding 11.2M 34M Price** 34 11/16 6 1/4 Market Cap** $388.5M $212.4M ROE 7.59% mrq 2.64%mrq ROA 1.29% mrq 2.05%mrq Cash/share .02 mrq .41*** Profit Margin 1.3% 3.1%ttm PSR 2.78 1.63ttm Current Ratio .33 1.76mrq Sales $126.4M $92.9ttm P/E 187.5 51.85ttm Book/share 2.75 2.99mrq M/B 10.69 1.52mrq *DBCC is a joint-venture partner in CBS MarketWatch cbs.marketwatch.com with (NYSE:CBS) and is currently entertaining an IPO; 50% of the marketcap of said IPO would have to be factored into [added to] DBCCs price/share...the same situation exists with the joint-venture between Traveller's and DBCC re: Internet Financial Network...furthermore, DBC.com arguably, is the dominant leader possessing all [significant] internet/mobile computing enabling technologies for investors. DBCCs long term growth rate in operating earnings estimated at 20% annually source I/B/E/S: quicken.excite.com ** as of today's (3/27/98) close. *** DBCC should be generating additional cash pursuant to CRI, ISN, LCN divestiture(s)... data source(s): marketguide.com quote.yahoo.com (Profile) including company representations and data supplied by Data Broadcasting Corporation. Investment [opinion] Conclusion: DTLN and DBCC are direct competitors, accordingly, and pursuant to the above DTLN...TAKE THE MONEY AND RUN?!! Pressman...fire your analysts...DBCC should be the four letters you are after (pursuant to the above)...