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


To: Sojourner Smith who wrote (4034)1/15/1999 6:58:00 PM
From: Kayaker  Respond to of 5102
 
IFN is the IPO that will be coming from DBCC.

Thanks for the note; I'll look into it.



To: Sojourner Smith who wrote (4034)1/16/1999 12:43:00 AM
From: Douglas V. Fant  Respond to of 5102
 
Sojourner, Oversold? Good point. I've been going through today's trades as best I can and counting what appear to be sales on upticks. So far it looks like a pretty good number of new short positions were taken in this stock today.

The question is at what level they begin to cover. If we open down on tuesday, then I think that I'll buy a few more shares long after that initial dip as there should be a hefty number of purchases from shorts covering..... Indeed my technical service lists DBCC as a "buy" subsequent to today's action.....

Sincerely,

Doug F.