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

To: ilh1 who wrote (4114)	1/16/1999 10:28:00 PM
From: PAL	Read Replies (1) \| Respond to of 5102

You are quite right. DBCC was $ 8 stock, and would suddenly become $ 45 stock just because the IPO of MKTW. What has changed? The valuation is high just because it owns 38% of MKTW? I believe Tom Hua has given the formula of .13 times MKTW price plus $ 5. Take a lesson from BAMM, it shot up to the 47 when it announced it is going to start selling books on the internet. What is the difference between today and yesterday? The mere announcement makes it the stock goes up 10 fold? Same logic with DBCC. BAMM closed at 12 3/4. When you have profit, take it. Pigs get slaughtered. Those who are holding DBCC with hopes of rebounding might never see the 20's again. When I told my wife when the stock was tanking and I wanted to sell it, she said "is DBCC a good stock?" I said "no". "then get rid of it". I did. What a dame!!! Great dinner Friday night!! To the longs: don't be the last one to get out. Every person and his brother will try to exit next week.