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


To: esecurities(tm) who wrote (1758)12/29/1998 8:01:00 PM
From: Kip518  Read Replies (1) | Respond to of 5102
 
Dow Jones Newswires

Data Broadcasting Up 14.1%; Co. Says It Has No News

Dow Jones Newswires

NEW YORK -- Data Broadcasting Corp. (DBCC) shares rose again Tuesday,
climbing to a 52-week high intraday, but a company spokeswoman said it didn't release any news.

The stock's previous 52-week high was 15, which was achieved on Nov. 30. Shares of Data Broadcasting, a Jackson, Wyo., company that provides real-time market data, were recently trading above that mark at 15 3/4, up 2, or 14.5%, with much of the day's volume of almost 5 million coming from block trades of between 10,000 to 50,000 shares. Earlier in the day, the shares traded as high as 16 1/4.

La Salle St. Securities analyst Daniel King cited the company's plans to launch an initial public offering for CBS MarketWatch, the company's 50-50 joint venture with CBS Corp. (CBS). CBS MarketWatch operates a business-news Web site with stock quotes and other financial information.

"Market expectations for the offering are high," said King, who noted Data Broadcasting will retain a 38% stake in the company after the offering, which he said is "widely expected" to occur in January.

"When Internet stocks rally, expectations get scaled up a notch," said King, who cautioned investors about the stock's recent volatility. He said the stock has been picked up by a lot of day traders, and he speculated that if there were a correction in Internet stocks, Data Broadcasting shares would likely see a reversal.



To: esecurities(tm) who wrote (1758)12/29/1998 9:22:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 5102
 
Microcap Movers and Shakers, 12/29/98.

#5, DBCC sites.stockpoint.com



To: esecurities(tm) who wrote (1758)1/1/1999 3:09:00 AM
From: B. A. Marlow  Read Replies (2) | Respond to of 5102
 
Thursday, 12/31/98, is
Hereby Proclaimed as
Esecurities(tm) Day.

Gentlemen, we have lift-off.

For obvious reasons, there is more music on this board than on any previous occasion since its inception in 1996.

Now, I'm not much of a poster at SI, but I am a long term DBCC shareholder. For me, as for many of you, esecurities has played a starring role.

So, especially for the benefit of new visitors, contributors and stakeholders, we hereby acknowledge the persistent and tireless work of esecurities, who has done it all for DBCC "shareholder relations."

Today, we offer him our thanks and best New Year's wishes. And we salute his insight, dedication and good humor.

Well done, e.

BAM