Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Scott Kleinhans who wrote (1765)	12/30/1998 6:01:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 5102

Musings going into our big week... As a person who benefited from the MALL run up... in which MALL had around 4.4M shares... when I first came upon DBCC I was somewhat dismayed by the 19M share float. I thought to myself, well this one isnt going to be able to pull off a MALL-like performance (from 20 to 60), and I still stick to that assumption. But I do have to say this about DBCC. The article mentioned here about the 10,000 to 50,000 blocks led me to think about something I didn't think about before. With MALL... it was a wildcard... I bought most of mine in the mid 20s and sold most in the low 50s ... but I knew with the float it could go down FAST.. just as quickly as it went up. Now on the flipside, with a much larger float you have DBCC. Yes it has the disadvantage of it won't go up 60% in 1 day...however, for us that work a regular job it has a huge advantage... I am able to work during the day without checking the price every 15 minutes to double check it hasn't dropped 30% in a mass exodus of daytraders. Why the difference? The stability of the institutions buying into DBCC. So what was once seen by me as a big disadvantage (the big <for an internet stock> float), now calms my apprehension of being in an InterNUT stock in a volatile market. If I were placed in the position of a buyer for an insitution and I know my rules don't allow me to play with those 2M float internut stocks, then Im thinking to myself...this is my BIG chance.. to take advantage of a big IPO the backdoor way.. in a stock with a float big enough for me to enter and exit without affecting the price. So really it is going to benefit all of us who don't enjoy eating 4 TUMS a day. Buying/Bought the Jan 10 options and LOVING it / trading the actual stock.... Mark