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


To: K.Martin who wrote (1023)2/15/1999 4:13:00 PM
From: lloyd bashaw  Respond to of 1129
 
Having looked at INDI hard I have come to the conclusion that it is very risky to enter into tomorrow.

INDI could have a tremendous retrenchment ("bubble burst"). Why?

1. The news pop is over.
2. Daytraders ran it on Friday and will assuredly bail on any
gap on Tuesday. The Bloomberg release told the trading world
INDI + YHOO and no company paid release is going to add to that.
3. It is a third/fourth tier internet play and even the first
tier internet plays are under pressure at this time.
4. If INDI is going to compete with Marketwatch or any of the bigger
newservices they will have to have scrolling real time
news not rehashed older news and talking head commentary.

I will give INDI a hard look after tomorrow. Tomorrow looks very Gap and Trappish.