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

To: Jimmy Dell who wrote (2405)	1/9/1999 9:28:00 AM
From: Ariella	Read Replies (1) \| Respond to of 5102

You left out Barron's advice about DBCC covered call writing: <<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. To Fishback, "when people start flushing the pricing models down the toilet," it's time to be a contrarian -- not by going outright short in the face of awesome upside momentum, but by selling calls against stock positions to capture some of that bloated premium. >>

To: Jimmy Dell who wrote (2405)	1/9/1999 9:38:00 AM
From: Michael Berkel	Read Replies (1) \| Respond to of 5102

Here's a dirt cheap Internet stock: CMGI. You laugh? It turned $4.5 mil into $108 mil in less than a year alone through its AMZN deal which will contribute several dollars per share in earnings. Do the math!! CMGI has gotten 225.558 AMZN shares pre-split in 1998, as payment for Sage Enterprises and Reel com., per CMGI's Oct. 98 10K subsequent to July 1998. This holding is a huge unrealized GAIN for CMGI, worth several dollars per share in earnings. Imagine: AMZN has gone up several fold since last summer and just recently split 3 for 1. CMGI invested $4.5 million or 225.558 AMZN shares. Today's AMZN price = $160 x 676.674 (3 for 1 split on Jan 5) = $108.267.840. Invest $4.5 million, turn it into $108 million in less than a YEAR that's up 24 times the original investment. Now if CMGI sold that it would have $108 million in earnings to drop towards the bottom line -- or several dollars per share -- in earnings, which makes CMGI look way undervalued compared to most Internet shares. Remember buying and selling Internet investments is CMGI's core business and this example demonstrates how profitable it works out. You may add CMGI's 30% stake in Lycos and do the math on the appreciation of LCOS since CMGI participated. You may add Geocities. You may add 30 IPO's which are currently in the pipeline for the next 12-18 months. Bottom line: CMGI is a money printing machine!! Enjoy the ride! Michael B.