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Non-Tech : Individual Investor Group (INDI) -- Ignore unavailable to you. Want to Upgrade?


To: MARK BARGER who wrote (631)1/12/1999 10:30:00 AM
From: Jimbo Cobb  Read Replies (1) | Respond to 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.



To: MARK BARGER who wrote (631)1/12/1999 5:05:00 PM
From: RMP  Read Replies (2) | Respond to of 1129
 
I bought this two years ago at apx 8. Shortly after that I sold at around 6 and have been watching for a long time. When it was at .75 I was tempted but held off buying until it hit 1.25 on 11/13 (Friday the 13th). Well I took a shot for 1000 shares and would have bought more if my broker didn't charge additional fees for trades over 1000 shares. That was dumb!

Couldn't believe my luck and sold 500 shares @ 5 15/16 yesterday.

From now on I will only buy stock on Friday the 13th. Haven't yet figured out a selling plan...

This thread has been dead for a long time. All of a sudden I see folks from the CKFR and IDX thread here.