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


To: Tom Hua who wrote (3976)1/15/1999 2:18:00 PM
From: Henryk Kramek  Respond to of 5102
 
If it does fall into the teens next week do you think it is worth buying some and holding until next month when the next IPO comes out that DBCC has a percentage of ?



To: Tom Hua who wrote (3976)1/15/1999 2:18:00 PM
From: Blacksmith  Read Replies (1) | Respond to of 5102
 
>>I have advocated a discount but for today

Somebody posted the following chart earlier (I would like to give credit, but I can't find who posted it). In the case of UBID and MALL, it took about 2 weeks for the discount to gradually take effect.

charts.techstocks.com



To: Tom Hua who wrote (3976)1/15/1999 2:19:00 PM
From: drakes353  Read Replies (1) | Respond to of 5102
 
Tom:

Quite right. With MALL/UBID the discount didn't really kick in for a few days. Takes people a little while to realize what they have done to themselves. ;-)

We've also got to work our way throught the "bargain" hunting buyers of DBCC. Those that think since it's been cut in half it's now "cheap".

drakes353



To: Tom Hua who wrote (3976)1/15/1999 2:24:00 PM
From: ilh1  Read Replies (2) | Respond to of 5102
 
>>The long weekend will give people time to reflect, and I bet DBCC will be in the teens early next week.<<

Even the DBCC insiders knew that DBCC was trading well beyond its true valuation and that's why they are selling over 2 million shares, as have been reported.

Those who are long have there best chance today of getting above $20 dollars for their shares.

This low to mid 20's price is only there for now because of shorts covering their positions.

Its a long 3 day weekend, investors should take their profits while they can or remain short on this one. IMO



To: Tom Hua who wrote (3976)1/15/1999 3:45:00 PM
From: Mike Minster  Read Replies (1) | Respond to of 5102
 
Thanks for the on-going analysis, Tom. I added to my short this afternoon...kept waiting for DBCC to move up to 27 -29 but I don't think it will.

BTW, sold my MALL, made a bundle. Kimberly Lee pointed out that EBAY's lockup period ends Tuesday. I'm afraid a bunch of EBAY may hit the street and depress UBID/MALL. If that happens I'll probably buy back the MALL. hey---is this a short opportunity?

Regards, Mike