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

To: RockyBalboa who wrote (4652)	2/11/1999 3:47:00 PM
From: AJ Berger	Read Replies (1) \| Respond to of 5102

This is such garbage, and here is why from the earnings release: The company attributes the increase in revenues for the quarter to growth in Internet subscribers, growth at Capital Management Sciences' (CMS) BondEdge and the acquisition of Global Treasury Information Services (GTIS) in the first quarter. "We are especially gratified that our sequential revenue growth continues despite expected declines in net subscribers to older FM and cable-delivered services," said Alan Hirschfield and Allan Tessler, co-chief executive officers. Here is why it's garbage information: I have several people in my company with FM delivered units. Some of them were Forced by DBCC to abandon them in favor of Internet connected solutions. DBCC stopped supporting their Signal-Card (PCMCIA solution with FM antenna) even though the FM broadcast of stocks continues. They continued their FM/Cable box solution, but instead of offering FM subscribers just another FM receiver, they cajoled them into going on the Internet. This forced upgrade by DBCC is causing much of the growing Internet subscriber base, and shrinking usage of FM receivers. So these numbers are suspect because they don't reflect FM subscribers leaving DBCC, and new subcribers getting on the Internet, seperate from existing customers being baited and switched. It was only under threat of leaving DBCC completely that they relented, and offerred the other FM receiving solution over the Internet only solution, that they were pushing so hard for me to take when my Signal-Card goes offline this month. Just thought shareholders might want to know the story behind some of their claims.