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To: Pete who wrote (438)1/6/1998 4:10:00 AM
From: Mark A. Yurko
   of 1129
 
A fine day indeed. I returned from Scotland to see a margin call message on my email...but the rise to $7 solved all of that. Still holding my 1000 shares...

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To: Pete who wrote (438)1/9/1998 7:42:00 AM
From: Mark A. Yurko
   of 1129
 
I received an interesting Edgar SEC filing alert via email two days ago. I checked the actual filing in haste so i recommend you checking it out yourself, but i think it said that CEO Jonathan Steinberg purchased over 400,000 shares on Dec. 31st which approximately doubled his holdings. I think he bought at just over 6 or so. Maybe this is the cause of the recent strenght despite the market decline the past couple days...

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To: Mark A. Yurko who wrote (440)1/9/1998 10:14:00 AM
From: Pete
   of 1129
 
Mark,

You are 100% correct. Here is the Edgar Filing:

edgar-online.com

WOW! Jonothan bought almost 500,000 shares on December 31!

I think this bodes well for INDI. Stay tuned!!!!

Pete

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

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

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:
biz.yahoo.com

"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.

Pete

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To: Pete who wrote (442)1/11/1998 10:04:00 PM
From: Dan Even
   of 1129
 
I think the window on this one is starting to close.... I was very happy to hear about the purchase of the shares.

I will keep a eye on this one in the next few months.

Dan

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To: Pete who wrote (442)1/12/1998 6:12:00 PM
From: Shannon Mitchell
   of 1129
 
Pete:

There was an insider purchase on December 31 @ a $6.13 for a total share count of 489, 795 with a value of $3, 002, 443. Looks like someone is getting ready to polish their bank account in the next month or so....if not sooner. Today INDI closed at 6 1/4.

Good Day
Shannon

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To: Shannon Mitchell who wrote (444)1/12/1998 9:48:00 PM
From: Pete
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Shannon,

See post 440 and 441.
edgar-online.com

The insider was the CEO Jonothan Steinberg.

INDI had announced the retention of Bear Stearns in August, to help them sell a minority interest in the publishing business.

Perhaps negotiations are going well.

Pete

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To: Pete who wrote (445)1/14/1998 6:57:00 PM
From: Dan Even
   of 1129
 
it seems like the volume is starting to pick up now...
does anyone have any ideas when this one might take off...
Dan

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To: Dan Even who wrote (446)1/15/1998 3:23:00 AM
From: Mark A. Yurko
   of 1129
 
Finally some strength to 6 5/8 on decent volume yesterday... Unfortunately I got in on half my position at 8.

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To: Pete who wrote (445)1/15/1998 10:17:00 AM
From: Shannon Mitchell
   of 1129
 
Pete:

Thanks. It's guys like you that make investment decisions alittle easier. Your post was greatly appreciated.

Good Day
Shannon

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