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


To: esecurities(tm) who wrote (1713)12/22/1998 7:02:00 PM
From: Abe the babe  Respond to of 5102
 
SHHHHH, Be very very quiet..We are in the "quiet period" :-)
Good Luck and God speed

Happy Holidays



To: esecurities(tm) who wrote (1713)12/22/1998 10:25:00 PM
From: esecurities(tm)  Read Replies (2) | Respond to of 5102
 
some thoughts....

...speculation of a MKTW IPO calendared for week of January 11...January options expire Friday, January 15th...DBCC annual meeting scheduled for Tuesday, January 19th in New York...will DBCC also announce numbers for q2 fy'99 ending 31 December 1998 contemporaneous with its MKTW IPO and annual meeting?...they will if its anything like AMTDs [and EGRP, SCH...] news today "...Ameritrade Raises 1Q Estimates <http://www.techweb.com/wire/finance/story/INV19981222S0002?ls=inv_html>
Online trading is paying off even better than expected for Ameritrade Holding. On Tuesday, Omaha, Neb.-based Ameritrade said it expects to earn 9 cents to 11 cents a share for its first quarter, which ends Dec. 31. The company, whose Ameritrade subsidiary was one of the first to carry out online trading, had previously said it would report first quarter earnings of 6 cents to 7 cents a share. Shares of Ameritrade [AMTD] were up 7 7/8 to 28 7/8 in late-morning trading Tuesday.
A strong December is fueling the increased growth, the company said. Daily volume exceeds 32,000 trades, more than triple year-over-year, and up 31.5 percent from the previous quarter, when Ameritrade fell short of analysts' estimates. First quarter revenue will top $50 million, almost double the $25.7 million in sales from a year ago, and 26.3 percent higher sequentially. "We're off to a great start in fiscal 1999 with trading volumes and account growth during the first quarter turning out to be stronger than we expected," said Joe Ricketts, chairman and CEO of Ameritrade. Ameritrade reiterated it would take a one-time technology charge of $2 million. Price adjustments would slice another $3 million from earnings, the company said. The whole online brokerage industry is seeing volumes rising 30 to 35 percent, said Stephen C. Franco, e-commerce analyst with Piper Jaffray. Strong interest in technology stocks especially helps Ameritrade, ETrade, and their peers, he said. "As long as the market holds up and retail investors remain enamored of technology stocks, these volumes should maintain their pace," Franco said..."
source: &copy 12/22/98 TechWeb Finance CMP Media Inc.

..the sixty-four thousand dollar question is how is DBCC doing?...Q1 indicated a [positive] revenue turn vs. q4 '98...