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


To: moby_dick who wrote (4042)1/15/1999 7:29:00 PM
From: moby_dick  Respond to of 5102
 
Link for that last one:

msnbc.com

Good luck, Moby.



To: moby_dick who wrote (4042)1/16/1999 12:23:00 AM
From: P.E. Allen  Read Replies (2) | Respond to of 5102
 
Would not this same scenario pertain to CBS, who owns 50% of MKWT.

Using your analogy:

CBS = 706,112,000 shares outstanding

DBCC= 32,231,000 shares outstanding

MKWT= 11,750,000 shares outstanding

DBCC scenario says:

11.75 m/shares (divided by) 32.23 m/shares = ONE DBCC SHARE HAS 36.49% INTEREST per 1 MKWT SHARE @ 100.00 % ownership.

CBS scenario says:

11.75 m/shares (divided by) 706.11 m/shares = ONE CBS SHARE HAS 01.66% INTEREST per 1 MKWT SHARE @ 100.00% ownership.

Therefore:

DBCC has 38.0% ownership in MKWT or 36.49% (@100%) x 38.00% = 13.87% interest that DBCC has in one share of MKWT at the market price.

Therefore 100.0% divided by 13.87% = 7.209 shares of DBCC = 1 shares of MKWT.

If MKWT is trading at $100.00 per share, then DBCC should have a theoretical value of ($100.00 divided by 7.209 shares) or $13.87 per share.

Therefore:

CBS has 50.0% ownership in MKWT or 1.66% (@100%) x 50.00% = 0.913 interest that CBS has in one share of MKWT at the market price.

Therefore 100.0% divided by 0.913% = 109.52 shares of CBS = 1 shares of MKWT.

If MKWT is trading at $100.00 per share, then CBS should have a theoretical value of ($100.00 divided by 109.52 shares) or $0.913 per share.

what is wrong with this picture or what variables am I leaving out?

Help: Uncle Ernie!!!!!!!



To: moby_dick who wrote (4042)1/17/1999 2:51:00 AM
From: KW Wingman  Read Replies (2) | Respond to of 5102
 
Hello M. Dick,

I saw the big drop in this stock and looked in here to see what is going on. I see that my good friends Mr. Pick and followers has been here ahead of me. <:} You did goood. That said, the stock has dropped a lot and it seems reasonable that it will have a nice up bounce soon especially since the IPO was so successful.

you wrote: What's up for Tuesday when the market reopens? At its current price of $97.50, MKTW implies a price of no more than around $13.50 to $14 per share for Data Broadcasting. With DBCC having closed at $21.75, there's obviously more fireworks to come. Stay Tuned.

Apparently you figure that the DBCC has no value other that the company it just spun off? Looks to me like the fireworks may just as likely be a runup due to short covering / short squeeze. If you were short in the last few days you should be satisfied with a damn good profit in a day or two. The runup may have been excessive the rundown may have also been excessive IMO and the run back up can be excessive too.

I will be looking to jump in for a nice short covering runup which may occur as soon as the open on Tuesday.

Regards,

Wingman