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


To: Mark[ox5] who wrote (1951)1/3/1999 6:39:00 PM
From: Jimmy Dell  Read Replies (1) | Respond to of 5102
 
I agree on the $20-22 range if the general market is at least halfway decent but am slightly optimistic as to a little higher. And then the really nutty part of me sees a possibility of a totally insane gap up (similar to what NAVR or SKYM or something like that did) into the 30s. But that's sheer lunacy to even consider something like that.

As to the pullback, I think that depends on the general market conditions somewhat and is hard to predict. The most I can say is I think if the general market condition is decent there will be a pullback (maybe 2 points) and then a bounce to a new daily high. That will bring in even more of the momentum crowd who play the "gap up rule" and drive it up further.