Individual, Inc. (NEWZ) - Any thoughts? Message Board

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Technology Stocks : Individual, Inc. (NEWZ) - Any thoughts?

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To: Ashley Campbell who wrote (293)	10/4/1997 11:51:00 AM
From: Ashley Campbell	of 1004

INDV...a brief history. I spent my Saturday morning researching old posts, news items, stock price history, etc. and here's what I came up with in case anyone is interested (the dates and prices are approximate). July 1996. Amran (the CEO) and the Board of Directors have a falling out - basically a disagreement on where the company is headed. For example, he acquired Freeloader which the company later dumped (May 1997). He's fired and it's all public and ugly and the stock price goes from a high of 15ish to about 6. January 1997. INDV releases First! 2.0 - a LotusNotes based personalized news service. Stock price jumps up to about 10. March-July 1997. Stock price drifts downward on generally low volume. I don't see any major reason, but I don't see much news to keep them aloft. July -August 1997. INDV buys Clarinet. Earnings are released with a 32% upside surprise. New CEO is buying lots of shares around $5. Analysts including Robertson Stephens and HQ say positive things about the company including expected profits by 1998, and a target price of $15-20 by end of 1997. Sept-October 1997. AT&T chooses First! for new delivery to its Global Services unit (one of top 25 sales forces in U.S.). A NSCP partnership is announced. INDV introduces NewsPage for MSFT users. Greg Stanger from MSFT joins Board of Directors. Stock price rebounds quickly from a low of about 3 to a high of 7. *************************************************** I don't know if that was useful for anyone else, but it was for me. Seems like much of the bad stuff causing the price to go from IPO levels of $15-20 were centered around the previous CEO and his ideas about the company. He's outta there and since then I see nothing but positives (earnings increasing faster than analysts predicted, key alliances (MSFT, NSCP, AT&T). Good news released on a regular basis. Unless I'm missing something, I don't see any negatives on the horizon. I think the analyst that predicted $15-20 by year end is right on target. Also, at the rate they're going, I wouldn't be surprised to see more earnings upside surprises this quarter and next. Thoughts on all the above are welcome. cheers, a.c.

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