SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Individual Investor Group (INDI) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (737)1/16/1999 11:57:00 AM
From: robbie  Read Replies (2) | Respond to of 1129
 
Stock Watcher, you make some good points. I too was hoping for the Yahoo announcement yesterday. There still are three compelling reasons to own INDI right now, IMHO:

1.) Yahoo announcement still to come. I read somewhere where someone had talked to IR and was told that the site would be live for two weeks before the announcement. Don't know when the two weeks started, or if this is even true, but all links on the site are live now. And it is an awesome site.

2.) INDI 500 fund announcement supposedly coming at any time from Merrill Lynch. If anyone has any more info on this, please post.

3.) With MKTW market cap going to the moon, comparisons will invariably be made between INDI and MKTW. INDI definitely the better value, and it looks like MKTW's stock will be very popular for the foreseeable future. This can only help INDI.

Jimbo also posted an analyst opinion that INDI's non-internet business was worth $7. He speculated that the internet business had to be at least as valuable as the print business. That's pretty conservative, IMHO. Thus my conservative estimate of $15 for INDI.

I agree with you that Friday was disappointing but INDI was up $3 Thursday, and still has so much going for it.

In big @$3 and holding for $15.

Robbie