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


To: vinh pham who wrote (3073)1/12/1999 9:55:00 PM
From: Mr_X  Respond to of 5102
 
Different than YHOO, UBID, AMZN - those stocks exist without a context or an event. DBCC has a valuation event coming in 2 days- the Marketwatch IPO. Since its Marketwatch is at least 75% of the DBCC's per share value, their will be no escaping the math. It will be right there in front of you by Friday morning, and no amount of wishful thinking will make it go away. AMZN, YHOO, UBID, and Marketwatch for that matter can trade to any valuation. Not DBCC. Being short is simply a bet that a $12 IPO doesn't go to $300 overnight - not a bet it doesn;t get to 300 eventually. I have no axe to grind - until 2 days ago I owned DBCC. At these prices it is a short.



To: vinh pham who wrote (3073)1/12/1999 11:18:00 PM
From: WTSherman  Respond to of 5102
 
>Internet stocks are not suppose to make sense.
Try to apply fundmental stock analysis to YHOO, AMZN, EBAY, UBID ....and what do you get???<
I must be losing my command of English... Its not an issue of whether or not internet stocks make sense, its simple math. The numbers just don't add up for DBCC when the IPO comes out. If MKTW ends up the first day of trading with a market cap of $500M(which I doubt) it means that DBCC's value is less than $15!!!