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


To: ztect who wrote (3386)1/14/1999 5:23:00 AM
From: RockyBalboa  Read Replies (1) | Respond to of 5102
 
ztect, no need to elaborate. But everyone who takes part in the MKTW IPO first went thru the backdoor with DBCC as soon as he got to know that.

And all houses who will presumably receive MKTW shares for their nostro "have to" hedge the MKTW market risk buy selling DBCC against their expected MKTW position. Some of this selling has already been done, but a remaining position is to be hedged yet.

Tom Hua pointed it out correctly that hedging is done with DBCC, for the reason (IMO) that MKTW will be neither borrowed, boxed or simply flipped.

Greetings and thank you but I won't have an ice cream in Winter. I had a nice bottle of VEUVE CLICHOT (attention: promo), with Ms. ToxiC. yesterday.

DBCC in Germany: trades around $27 Euro which is $31.50

C.