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


To: SHGLaw who wrote (4333)1/20/1999 9:33:00 AM
From: Jetter  Read Replies (1) | Respond to of 5102
 
SHG,
I still ask the question, why would anyone want to buy this stock?

Virtually no revenue growth, a P/E of over 450 and massive insider dumping. On top of that, they issue several PR's yesterday to prop up the price... Why? More insiders selling? Delay the death spiral?

The bullmarket report is a joke, to buy a company with a P/E of 450 or greater they better be doing a hell of a better job than DBCC. They can barely grow revenues by 10% per year, most other inet (even 3,4 and 5 tier) companies are growing revs by 20-40% per quarter, not per year...

So, why would you buy or hold this stock?

BTW, if DBCC hit bullmarkets target of $33.00, it would translate into a P/E of roughly 825... LOL



To: SHGLaw who wrote (4333)1/20/1999 10:22:00 AM
From: Marty Rubin  Read Replies (1) | Respond to of 5102
 
bailed out @18.5. pm me and i'll let you know a better stock which i want to make a run of by end of month. i need all the cash i can get. dbcc now 18 - 18 1/6 with strong bid. it's valued at over half billion (realized it after the close yesterday) and am uncofi for a long at these level, even with a small amount. may get in lower but i really want to be in all-cash till feb 1st. marty

edit:
maybe i'll get back into idtc (got out yest). lots of analysts downgrades at 52wk lows --major bullish sign, imo. was able to make money thanks to yest's pr and can go up slowely till open of web which sch, coinc., on feb 01.