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


To: Sharon L. who wrote (2516)1/10/1999 3:20:00 PM
From: Smiley  Read Replies (2) | Respond to of 5102
 
Remember:

Pigs get fat
Hogs get slaughtered



To: Sharon L. who wrote (2516)1/10/1999 4:20:00 PM
From: Alex Alexiev  Respond to of 5102
 
Re. DBCC vs. NAVR
Two major differences between the two are time of IPOs (next week vs. several weeks) and the fact that institutions own 32% of DBCC, but only 5% of NAVR.
Check quicken.com



To: Sharon L. who wrote (2516)1/10/1999 4:21:00 PM
From: Alex Alexiev  Read Replies (1) | Respond to of 5102
 
Re. DBCC vs. NAVR
Two major differences between the two are time of IPOs (next week vs. several weeks) and the fact that institutions own 32% of DBCC, but only 5% of NAVR.
Check www.quicken.com/investments/snapshot/



To: Sharon L. who wrote (2516)1/10/1999 8:06:00 PM
From: Mark[ox5]  Read Replies (2) | Respond to of 5102
 
Sharon, dont be in a rush to buy NAVR (I might be wrong on this but hear me out)

Just look at the 4 week chart of DBCC. Many people KNEW that there was an IPO "sometime in January" for DBCC for the past few weeks.. but did that stop the price from dropping to $8 just 3 weeks ago? No.

When you start hearing about a stock on every stock board thats not really the best time to buy it.. i.e. I have seen NAVR on a lot of boards this weekend.

Lots of your new breed investors are very short sighted and very impatient.. .if NAVR goes to $14 and stalls they will leave.. and the price will dump back to $11... that is if the market holds up. If the Internet market dumps then its the 2nd or 3rd tier internet (1st tier being YHOO, AOL, CMGI, etc) which get hurt most.

So right now with NAVR you have this situation.. a lot of people bought on the internet mania the past 2 days .. .into NAVR... because of the "impending IPO" (next MALL, next DBCC).. and if for some (gasp) reason their is no word on the IPO for say another 2 weeks, do u think these people will be holding? Not a lot of them... yes, they will jump right back in when the IPO is official, but until then there will be a lot of daytrading on the stock. And you dont want to be buying into a frenzy, you want to be selling into one.

So what to do is to track NAVR daily.. look at its 5 day, 10 day, 20 day charts... (which are trending higher) maybe buy a small position when it hits its 5 day line now, but don't commit fully yet..

(right now the 5 day line is right below $12, so if you want to start a position, make a limit buy at $12.00)

In "MY OPINION" NAVR will go lower at some point in the next 2-3 weeks than the current price. I'm not saying that is the way it will work out, but if the current internet enthusiasm slows down for a week or so, the 2nd, 3rd tier Inet stocks get hit fastest and farthest down.

A great web site to look at charts is
www.investools.com
You can chart 3 differnt moving averages at once... usually strong stocks bounce of their 5 day moving average
So their is no way you want to be buying a hype stock, when the hype could die away really quick (i.e. no word on an IPO in 2 weeks) Remember, its all psychology with these stocks...

Good luck and yes I do like NAVR as a play, but until IPO time is near its just a trading vehicle and not really an "investment".

Mark