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

To: WaveSeeker who wrote (2404)	1/9/1999 8:49:00 AM
From: Jimmy Dell	Read Replies (2) \| Respond to of 5102

Here's a mention of DBCC in the new Barron's. "For a while, investors gorging on Internet stocks somehow didn't partake in a commensurate amount of speculative call buying on the big 'Net names, probably because the stocks' stunning volatility (to the upside, mainly) caused astoundingly high option premiums. Sticker shock ensued. But that has changed, with Amazon.com and Yahoo appearing on the options-volume leaders list last week. Traders saw that what appeared a week earlier as absurdly expensive calls look like bargains in retrospect. And so there are companies like Data Broadcasting, partner in the soon-to-go-public CBS Marketwatch Website and a current beneficiary of Internet fetishism. With the stock having doubled from 13 on Christmas Eve to 26, its February 22 1/2 calls were trading Friday at an implied volatility of 190%. That, Fishback notes, suggests an expectation that the stock's probable range for the next year is 7 to 90. Hard-to-justify call pricing, it seems."