Non-Tech : Individual Investor Group (INDI)

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To: Mark A. Yurko who wrote (440)1/9/1998 2:03:00 PM
From: Pete  Read Replies (2) of 1129

Just to set the record straight, Jonothan Steinberg owns 900,010 shares of INDI directly and 521,291 shares

I'm still waiting for some follow up to the Lipper Analytical announcement which was made in December. Here is the quote that I think people have overlooked:

"As the first index to track a number of the fastest-growing small-cap companies -- the best of the best -- the INDI 500 ''will allow us to create additional products like unit investment trusts, options and other derivatives, creating new sources of revenue for Individual Investor Group,'' said Robert Schmidt, President of Individual Investor Group, Inc."

I'm waiting for the announcement of the additional products which I believe will lead to a profitable new line of business.

I'm also waiting for the results of the Bear Stearns initiative.

The next few months should be very interesting.

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