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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (4510)	1/15/1999 11:07:00 AM
From: Buddy Smellgood	Read Replies (1) \| Respond to of 56535

Indi- What I know: From Thompson Investor Tip sheet Growth rate 30.76 Short interest shares 7524 Shares Outstanding: 8.49 Million Shares Float: 5.6 Million Market Cap: $64.7 Million Revenue (ttm): $16.1 Million INDI has recently been upgraded (1/11/99) to a "buy" from "hold" by Southeast Research Partners based purely on valuation (they claim INDI is undervalued compared to peers). Southeast Research Partners set an initial price target of $8-$10 per share and a positive upward adjustment if CBS Marketwatch opens higher after the IPO. Here's the link to the full release: ragingbull.com So it's a good buy now. The Yahoo connection is not a rumor. These links are live. This just hasn't been announced. I'm holding for the PR. The link from the Yahoo Finance site to the new INDI editorial section can be found at: fnews.yahoo.com There is a rumor that Merril Lynch will be sending clients to the Magic 25, indi's answer to the S & P. Many thanks to Sego on Raging Bull for the rumor info. Buddy