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Technology Stocks : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?


To: Sharon L. who wrote (2854)1/11/1999 6:26:00 PM
From: Jimbo Cobb  Read Replies (1) | Respond to of 5102
 
Individual Investor Shares Jump After Analyst Says Stock Undervalued

Dow Jones Online News, Monday, January 11, 1999 at 18:00

By Brian Steinberg, Staff Reporter
NEW YORK -(Dow Jones)- Shares of Individual Investor Group Inc.
surged Monday after an analyst at Southeast Research Partners upgraded
his rating on the stock.
Barry King said he changed his rating to "buy" from "hold," and set a
price target of $8 to $10 a share for the New York business publisher.
"The stock is undervalued," the Southeast analyst said.
King said he believed Individual Investor's print publications are
worth $5 to $7 a share, and the company's Internet ventures could
generate $2 million in revenue or more within a year's time. Currently,
King said, the Internet operations generate about $1 million in revenue.
And, the analyst said, an IPO scheduled for Marketwatch.com Inc.
later this week could give Individual Investor shares even more value.
"That company has a revenue base very similar to Individual
Investor," King said. "Its revenues are about five times those
Individual Investor has been generating." Should Marketwatch increase in
value, King said, that could establish a higher value for Individual
Investor.
Shares of Individual Investor (INDI) ended the day at $7.125, up
$2.25, or 46%, on Nasdaq volume of 858,000, compared with the daily
average of just 70,500. Earlier, the shares traded as high as 7 7/16, up
52.5% from Friday's close and near the 52-week high of 7 5/8 set March
12, 1998.
- Brian Steinberg; 201-938-5218;
brian.steinberg@cor.dowjones.com
Copyright (c) 1999 Dow Jones & Company, Inc.
All Rights Reserved.



To: Sharon L. who wrote (2854)1/11/1999 7:06:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 5102
 
Hi again Sharon. I saw the post to you that suggested you might want to sell only half of your remaining shares at a price somewhere around 40, and I don't disagree with that at all. But as I said be for you might want to break that down to small lots of 100, sure you will pay a little more commission but gain big as it goes up (I for one think that might just happen). In the event DBCC should happen to start tanking you can always move out your remaining shares in small blocks or all at once if you so choose. Just remember a profit is pure money (i.e.after taxes) and no matter the size of the profit it is yours to keep.

I really admire the fine people on this thread who are so willing to be helpful and wish them all the blessings they deserve. Sharon you must be the one to decide what is best for you and I am sure you will. I also agree with the advice of “never looking back” on a stock, whether you made a profit or took a loss, unless of course you are a day-trader.

Best regards to you and all investors on this thread,

Bill Fortune III