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

To: ztect who wrote (3487)	1/14/1999 9:40:00 AM
From: moby_dick	Read Replies (1) \| Respond to of 5102

Tanks z, for the advice: I agree, dangerous to short Internets unless you protect with prudent stops, etc. But, the Internets also allow for great profits - both long and short - with their volatility. I think if you do you homework, you can play both sides here. With DBCC, I went LONG at 17 3/4 and cashed out ~$34. Tuesday I went short at $38 3/8 and $40 1/8 (avg $39 1/4) and covered yesterday at the open for $27 9/16. So I am already up about 28 points with this guy. Since I went short again yesterday at $35 (even), I do not go into the red unless DBCC goes about about $63/share - don't think it will get there. BTW, all my trades are NOT this succesful - made a bundle shorting SKYM ($44 to $19 5/8) but lost a lot shorting MZON a day too early ($15 to about $22). Take care and thanks. Moby.