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


To: Gary Payton who wrote (3649)1/14/1999 5:58:00 PM
From: Michael Young  Read Replies (1) | Respond to of 5102
 
<<What everyone here seems to have left out of the picture is that some brokerages are
not allowing investors to put in market orders on internet IPOs. They are required to
specify limits to their orders, and this will lower the price at which MKTW will open a>>

Damn good point. The inflated gaps on some of the recent IPOs occurred due to retail investors putting in market orders. Most brokerages are not allowing anything but limit orders on MKTW. So don't look for a huge gap. Might go to 60 or so momentarily and then quickly settle down. That will put DBCC under 20 in a hurry.

MIKE