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Technology Stocks : Individual, Inc. (NEWZ) - Any thoughts?
NEWZ 28.61+1.0%Nov 5 3:51 PM EST
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To: Ms. Baby Boomer who wrote (804)12/9/1997 3:58:00 PM
From: Len Giammetta  Read Replies (1) of 1004
 
Of course you're right about the tax loss selling. INDV and DTOP are in an industry with a growth rate of 35%/yr. A ground floor buying opportunity, like this, doesn't come along frequently. I intend to increase my position when I feel certain that DTOP has bottomed, which I had hoped would be today, but it still trends downward. On a more positive note, DTOP's 52 wk low was $5.00. At it's present rate of decline we should be there any week now. If INDV holds true to it's form, I estimate we should be able to go on a shopping spree for $2.25/share, if that happens.

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