WAHOO ON WALL STREET? INDIANS IPO COULD HIT NEXT WEEK

          Indians stock could go on sale "as early as Wednesday,
     according to the lead underwriter at Cleveland-based
     McDonald & Co. Securities," who is cited by Mary Vanac of
     the AKRON BEACON JOURNAL.  The stock, which will be sold for
     $14-16 a share, will be assigned a specific price the day
     before the sale begins, and shares will trade on NASDAQ
     under "CLEV."  Vanac reports that the IPO could raise
     between $54M-62M, "most of which would pay" Indians Owner
     Richard Jacobs for the public's share of the team (AKRON
     BEACON JOURNAL, 5/29).  In Cleveland, Bill Lubinger reports
     that the Indians hope to sell 4.6 million shares of stock,
     raising as much as $64.2M (Cleveland PLAIN DEALER, 5/29).
          IPO: The NPSL Milwaukee Wave is preparing a private
     stock offering to sell a minority interest in the team,
     which hopes to raise between $1-$5M to help broadcast away
     games and expand other marketing efforts (THE DAILY).