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


To: Amy2D who wrote (2346)1/8/1999 5:56:00 PM
From: Richard B. Haenisch  Read Replies (3) | Respond to of 5102
 
HELLO EVERYONE!

I just wanted to thank everyone here on this thread for all your insights - they have been greatly apreciated!

I sold all of my 32,000 shares today at an avg. cost of $24.76 for a profit of $370,000.

I am probably leaving a lot more on the table, but I believe the upside is a lot better in NAVR for their anticipated NETRADIO IPO, to be announced shortly.

NAVR has a float of "only" 1.3 million shares.

I bought 17,500 shares at an avg. cost of $13.4714.

AGAIN, thank you all for the useful info and the best of luck with DBCC for the upcoming week.

Sincerely,

Rico

P.S. let the frenzy continue....



To: Amy2D who wrote (2346)1/8/1999 6:47:00 PM
From: Sharon L.  Read Replies (2) | Respond to of 5102
 
Amy2D......I do not think I am ready for calls, puts or options yet. I do not know enough about investing to venture outside my little circle. I thank you for your recommendation, though. Besides, 35 as an exit point for DBCC may be way too positive. Perhaps 30 is more realistic. Any thoughts?



To: Amy2D who wrote (2346)1/8/1999 6:57:00 PM
From: scanshift  Read Replies (1) | Respond to of 5102
 
Amy, I want to thank you again for your question about option premiums earlier in the week. As you can see, those Jan 20 calls were dynamite as I said and they exploded alright. Why anyone would have sold them in the 1 to 1 1/2 point range is a real mystery. They were meant to be bought. I am still amazed how cheap they were priced given the volatility expected in the stock as we got closer to the IPO. Any other cheap premium plays you see in the future, please forward me a private message.

Thanks

Fane a.k.a. SCANSHIFT (www.scanshift.com)