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

To: jjs_ynot who wrote (1882)	1/1/1999 9:56:00 PM
From: Mark[ox5]	Respond to of 5102

Dave and anyone else Here is a great link to view what happened to MALL's share price when the euphoria started hitting it re: UBID IPO. Now keep this in mind... MALL had a much smaller float and therefore was much more volatile. Also it owns 80% of UBID vs 38% ownership by DBCC after the spinoff. However, it is a similar pattern to DBCC. chart.yahoo.com Now look at Nov 17 to Nov 18, I think we are in a similar place right now with DBCC. Stock price went from 17 to 29.. then the next 2 days the MMs shook the weak hands out, bringing it down as low as 23. Thats when some people panicked. However as you see in 4 trading days (Nov 20 to Nov 27) the stock price went from 23.5375 to 63 intraday. As you see after that day MALL tanked but it had run from 11.25 to 63 in about 2 weeks. (nearly 500% gain) Since you cannot short a new IPO many people shorted MALL (because UBID ran up so high) and also lots of people took their 200,300,400% gains off the table. (to get an idea of comparison 300% gain from $16 DBCC would be = $64 DBCC share price) So anyway that is an idea of a similar pattern. I do not expect DBCC to move up as high as MALL, or in such a spectacular fashion and personally I hope that doesnt happen. A more orderly progression upward would be easier on everyone's stomachs. Also the larger float & larger insitutional ownership will make it less susceptible to the speculative bubble that hit MALL. Anyways I think DBCC will be a great long for the next 2 weeks, and then for a short time a pretty good short if the euphoria hits DBCC and it goes in the $35-$40 range. Mark