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


To: Mark[ox5] who wrote (1953)1/3/1999 6:40:00 PM
From: AJ Berger  Respond to of 5102
 
Maybe you should ask a Newbie that Question

I've watched DBCC for almost 10 years,
in my mind, the company is pretty much
a commodity that's using this IPO gimmick
to stir up it's ailing stock price. As
my impression is biased over the longer
term, I guess you should ask a technical
newbie what he thinks of DBCC based on
it's recent activity going into the IPO.
I would agree with you that whatever
backfilling we see, won't go much below
that old $16-17 price range unless there
are enough MM's out there who still need
to cover their shorts before the IPO.

BTW, you can't truely judge how hot an
IPO will be unless you have an account
with a primary underwriter, and ask your
broaker within a few days of the actual
IPO to get you shares. Even if they
only give you 100 shares, that does not
mean it's hot, only that they are most
likely spreading the shares around given
how few are actually being issued. This
is what makes most of these Internet IPO's
so artifically hot, is the small number of
shares issued to satisfy a swelling appetite.