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Microcap & Penny Stocks : YOUR FAVORITE INTERNET PICK..... AND WHY ????? -- Ignore unavailable to you. Want to Upgrade?

To: Tracy Moore who wrote (636)1/12/1999 12:29:00 PM
From: Stock Watcher  Read Replies (1) | Respond to of 962
 
T - on INDI; last SEC filing shows 5.8M loss for 9 months ending 9/98
/revenues for this period up 10% @ 11.6M/operating loss: 17.6M/they had approx. 10M cash/cash equivalents as of 9/98.

Company says on pg.#14, "the company's current levels of revenues are not sufficient to cover it's expenses". Looks like they have enough cash to keep them going for another 14 months unless the trend changes.


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