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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (87285)	12/29/1998 8:08:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 176387

* OT * Voltaire, Here's some info on DBC, just in case you're inclined to roll the dice: 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.