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


To: AJ Berger who wrote (2473)1/9/1999 10:08:00 PM
From: Daytek77  Read Replies (1) | Respond to of 5102
 
You calculations are meaningless. What is Amazon or Yahoo worth using your rational? Stocks become momentum plays regardless of fundamentals. The price is determined by supply and demand. Good luck shorting this. The value of this company cannot be determined using your method. With Yahoo reporting earnings JAn 12 and sporting a $34 billion dollar market cap most people think they will beat estimates which will lift internet stocks. There is also an internet conference on Wed, Thurs and Friday next week, I think it is a DLJ conference. There will be the CNBC and CNNFN chatter as well.

Most stocks that go up quickly can become good shorts but to use a fundamental analysis to determine its' value is useless.