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


To: Sharon L. who wrote (850)1/28/1999 5:13:00 PM
From: Dan Even  Read Replies (1) | Respond to of 1129
 
Sharon
There is no reason that yahoo should be at the levels that it is...
Ok saying that...
I have been in INDI for almost 2 years now.. I have a average cost of over 7.8...I am now at a break even point.
This stock was down to 1 and then on rumor of INDI getting together with Yahoo this stock is now where it is at...
Nothing has changed...
1. we still do not have a buyer for the mag.
2. The Merrill Lynch is still no where to be found..
3. No announcement of the Yahoo deal..
What is driving this thing to this level??

The reason I did buy this company was that there was a rumor that there was a buyer..
NO BUYER!
Then there was this distribution agreement.. They said that in a press release but Merrill Lynch has not done a thing and I kinda think that is a dead issue.
This company has not made any money yet...(sounds like other internet stocks)
So I think on HYPE alone this thing will go to 20 or higher for a short time... that is all...I just hope that I do not miss it.......
I also know a lot of people who will be taking profits around the 13 or 14 mark...
Good Luck
Dan