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

To: Sharon L. who wrote (2363)	1/8/1999 9:15:00 PM
From: Marc	Respond to of 5102

Jan 8 1999 4:50PM - Bloomberg News Data Broadcasting Shares Rise Ahead of Internet IPO (Update1) Data Broadcasting Shares Rise Ahead of Internet IPO (Update1) (Updates with closing stock activity in the 1st, 2nd and 7th paragraphs; Data Broadcasting's year-to-date rise in the 4th paragraph.) New York, Jan. 8 (Bloomberg) -- Data Broadcasting Corp. shares rose 33 percent ahead of an initial public offering of its partly-owned MarketWatch.com Internet unit. Shares of the provider of real-time financial market data to individual investors and traders rose 6 1/2 to 26 3/8 in trading of 30.4 million, about 17 times the three-month daily trading average. It was the third most active issue on U.S. exchanges. San Francisco-based MarketWatch.com, which is owned by CBS Corp. and Data Broadcasting, plans to sell 2.8 million shares for $10 to $12 each on Thursday, raising $30.3 million if the shares sell at the midpoint of the range. Shares of Data Broadcasting have risen about 48 percent this year on the prospect that MarketWatch.com's shares will surge once they begin trading, like many recent Internet IPOs. MarketWatch.com, which operates the CBS.MarketWatch.com Internet site, has more than 40 journalists providing business and financial commentary. It's licensed to use the CBS name, logo and news content, and also benefits from a marketing agreement with CBS. CBS and Data Broadcasting will each own 38 percent of MarketWatch.com following the offering. CBS shares rose 1 9/16 to 35 1/8. Bloomberg LP, the parent of Bloomberg News, provides news and financial information on the Internet through its site at www.bloomberg.com. --Nick Olivari and Per Jebsen in the New York newsroom (212) 318- 2849 through the Princeton newsroom (609) 279-4000/shw/shw Story illustration: For a graph of the recent performance of Bloomberg's IPO Index, enter BIPO

To: Sharon L. who wrote (2363)	1/8/1999 9:59:00 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 5102

Sharon L., is a stop loss order the same thing as a stop limit? I would think it is. Not exactly. So: You can do a stop market or a stop limit order. Both are kinds of stop loss orders. Both orders have a stop activation price, a price under which (if it is a sell order) the order gets live and to the exchange. The slight but important difference is that: When entering a stop market order to sell 1000 DBCC with activation price at 22, you advice that your DBCC should be sold once the bid is at 22 or lower. REGARDLESS how low it is - the order becomes a market order after the activation at <= 22. When you do a stop limit order you supply the stop order activation price of, say 22 and a limit price similar to a sell order say 21 5/8. What happens is that at 22 downwards the order is activated but in a way that it becomes a limit order to sell DBCC at 21 5/8 or better. Both orders have their disadvantages. If you enter a stop market order pre-market, you can be shaken out when the marketmakers quickly drop the price - they can do it. Then you get the first and usually the worst price to sell. If it is a stop limit order and the price is falling quickly, you have no assurance that your share will be sold at all. Ie. if it fall enough and your limit order is not executed as when the stop activation and the sell limit price are too close together, you may get no execution. Big trouble, too. IMO I never would recommend to use stop orders, as they are mostly taken out during a trade day if they are set rather tight. If you want to exit a position, you can do it right now, or if you feel more comfortable then, close a part right now and keep the remaining shares. Otherwise it is important to watch the market all day, if possbible, in such high volatile stocks like DBCC or any Internet stock. Good trading, C.

To: Sharon L. who wrote (2363)	1/8/1999 11:21:00 PM
From: SMALL FRY	Read Replies (1) \| Respond to of 5102

Sharon L, Some people are dead set on not using stop loss in a fast moving stock for one reason (or so I heard): MM's use it as the opposite to short squeeze... if they need shares they'll drop the price drastically to take out all the stops and bring it right back up. My view... selfish motive here... if I was long, I'd hate the people doing stops because if there are a good number of stops out there it becomes fuel supply for further downslide once the stock price start down. I may be all hosed here.... SF