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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jay Lyons who wrote (6517)1/15/1999 1:42:00 PM
From: LastShadow  Read Replies (2) | Respond to of 43080
 
"To make DBCC worth its intraday high of $39, MKTW's stock would need to rally from an offering of about $12 to roughly $293. Not likely"

however, DBCC is now around $24, mening the MKTW price would need to be $180. So if we do the reverse math (and lets assume MKTW is about $103 now), DBCC would be worth $13.75.

HGowever, that assumes DBCC's entire valuation is based on MKTW, which it isn't. I m not sure if the play will be for DBCC in a few days, or MKTW in a few weeks. Or Both. But both are worth keeping an eye on though.

lastshadow



To: Jay Lyons who wrote (6517)1/15/1999 2:16:00 PM
From: Shane Venem  Read Replies (1) | Respond to of 43080
 
Shorted DBCC a few days ago at 36 when I read that on Briefing. Still remember what happened to USAI after the Ticketmaster IPO. Very similar action. Price just collapsed when Ticketmaster started trading. Still short DBCC. I would expect a selloff into the close, but who knows?