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

To: DAVID C. DeANGELIS who wrote (2072)	1/4/1999 10:39:00 PM
From: Smiley	Read Replies (1) \| Respond to of 5102

Hold on, you say there were 2 days of 10 million BUYERs. However, there had to be 10 million SELLERS or the price would have gone up more today. Even with a full weekend of hype and superhype, this was only an eeky amount of a gain. With such a huge volume and such a small increase, I think we may be just about done. When the "man on the street" thinks he has the next AMZN or EBAY, I think the rest of us are in trouble. However, I'm still long from 16 1/2 trying to recoup from a $13,000 loss because of one bad decision Christmas Eve.

To: DAVID C. DeANGELIS who wrote (2072)	1/5/1999 12:47:00 AM
From: Cleo	Respond to of 5102

I agree ... DBCC is far from "played out". As far as comparisons, I also was looking at USAI, the 70% owner parent company of Ticketmaster (TMCS) which went public in early December. USAI had a slow and steady increase for 8 weeks prior to the release (from 14 to nearly 38), with the biggest gains and greatest volumes (several 5 million share days) in the two weeks prior to the release (biggest volume of 15 mil was actually the day of the IPO). The peak was actually hit (about 38,interday) three days prior to the IPO. It was really volatile in the three days preceeding the IPO, and again peaked at 37 on that day, then dropped a few points. It went as low as 25 a couple weeks later, came back up to 35 in late December, and is now trading in the low 30's. Going back and looking at the charts is quite instructive. 1. Like DBCCs rise, it was steady (except frantic volatility in the three days preceeding and the day of the IPO). 2. There were no precipitous drops during the long run-up period. (this makes me feel good ... there were some corrections of a point or so here and there, but no precipitious drops. DBCCs rise has been behaving just this way too) 3. And even after the IPO it didn't really crash, and a month later is still trading within a few points of its high. Of course, there is no guarantee history will repeat itself ... but this pattern is hauntingly familiar, and it gives me a warm fuzzy. When USAI was in this run-up I got scared out way way too early and settled for a point or two here and there. Won't happen this time. Finally ... this DBCC volume has been incredible. It has been growing and has been sustained. It contains institutional buyers as well. It just shouldn't turn around that fast (unless some catastrophic news comes out or the internet sector totally tanks.) No ... this really does look like a winner. I'm very hopeful. This still looks like a great play to me. Cleo