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

To: John T. Hardee who wrote (2194)	1/7/1999 12:28:00 PM
From: Mark[ox5]	Respond to of 5102

Looks like the shake out has occured... down to the 5 day moving average. After spending a while thinking about this yesterday I think we are all making a mistake comparing the scenario to MALL/UBID. This is not reacting like that. While I was dismayed it didnt move through 20 with conviction Monday morning, I was even more shocked it didnt fall below 17.50 the past 2 days (Tues/Wed) on about 1/5 the shares the previous 2 days. We had last Friday & Monday 10-12 M shares traded to move up Tuesday and Wednesday 2-4M shares and it didnt tank. usually the MMs will take advantage of this to tank the stock at some point.. light volume... So what does this say to me.. it says institutions are really in this one and their "calming affect" on the stock is more than I anticipated (both upward and downward). So instead of the MALL scenario, I now envision a nice steady gain upward for the next 3-4 trading days.. .slow and steady with perhaps a spurt here or there along the way... Once again, free opinions... you get what you pay for :) Sorry I have not been posting, have had a hectic week... =) Good luck everyone..added 1k shares this morning to the portfolio Mark