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Technology Stocks : Individual, Inc. (NEWZ) - Any thoughts? -- Ignore unavailable to you. Want to Upgrade?


To: Ms. Baby Boomer who wrote (864)12/16/1997 1:21:00 PM
From: Gary Yerman  Respond to of 1004
 
Found this today and thought I would post for everyone.

Info-editor extraordinaire Individual (NASDAQ:INDV - news) boots its founder for acquiring
Freeloader, hires a new CEO and finally offloads Freeloader yet the stock gets no respect. With a
strong product and subscriber base Desktop Data (NASDAQ:DTOP - news) comes hunting and bags
INDV for $82 million. Our analysis in Internet Stock Report November 4: Our analysis shows DTOP
actually looks like it may pay LESS than INDV's closing price this past Friday--1% or 2% less. Before INDV shareholders write letters to the editor (or CEO), if the combined new company, dubbed
NewsEdge, generates an expected $75 million pro forma revenue this year that implies $180 million
value for the combined effort moving forward, or $10.66 per share.
This was the site, good luck and have a good day all.
isdex.yahoo.com