SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?


To: coachbobknight who wrote (3668)1/14/1999 11:17:00 PM
From: Liren Chen  Read Replies (3) | Respond to of 5102
 
What does $17 IPO mean to DBCC?

DBCC owns 4.5 million CBSMarket Watch (Nasdaq: MKTW).

Let's assume DBCC worths $7 without MarketWatch.
(how to get $7? Average price of DBCC before Dec'98).

Let's assume MarketWatch will trade $50. So DBCC ownership on
on MarketWatch is $50 * 4.5M = $225M. DBCC has 32.2M shares
outstanding. A share of DBCC will own $225M/32.2M = $7 on
MKTW. A share of DBCC worth $7 + $7 = $14.

Following is a table which shows relations ship between
DBCC and MKTW

MKTW price Calculated DBCC price
-----------------------------------------
$17 $9.4
$30 $11.2
$50 $14
$100 $21
$150 $28
$200 $35
$1000 $147