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Non-Tech : Individual Investor Group (INDI)
INDI 4.585+7.9%3:59 PM EST

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To: robbie who wrote (976)2/13/1999 7:27:00 PM
From: Kenneth Yeh  Read Replies (2) of 1129
 
The INDI PR is planned for Tuesday the 16th.

Hank Clark, the company's CFO, informed me of this. Those who wish to confirm this can call Hank at (212) 843-2777 (ext 788). The plan is to announce the PR on Tuesday for the Yahoo/INDI deal's official launch (Friday was a soft-launch according to Hank). That's the next trading day since Monday is a Holiday. Most shorts probably didn't realize that so I expect a huge short-covering early in the morning.
If the news hits before the open, I expect an even bigger gap up as many buyers will compete for those shares. JMO, good luck.

-Ken
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