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Non-Tech : Individual Investor Group (INDI)

INDI 4.680

+0.4%

Nov 7 9:30 AM EST

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To: MARK BARGER who wrote (631)	1/12/1999 10:30:00 AM
From: Jimbo Cobb	Read Replies (1) of 1129

INDI has an analyst on the Dow Jones wire saying it is worth $8-$10, with $5-$7 being the print business alone...says if CBS Marketwatch.COM IPO is well-received, then the Internet business of INDI (roughly 1/5th the size of CBS Marketwatch.COM right now) should be valued at MORE than $3, increasing the overall value of INDI...if you belive his $7 valuation of the print side of the business, then at $8, INDI only has $1 of value built-in for the Internet side, and I think the Internet side should be worth MORE than the print side in the current market environment... Bottom line, there isn't much (really none yet) premium built into INDI for the Internet business, so there shouldn't be as much risk as in some of the "balloon" stocks like AMZN and YHOO... GO INDI !!!! Jimbo.

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