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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: Sam who wrote (6601)9/15/1999 6:33:00 PM
From: Mike Fredericks   of 13157
 
Tudor also only has a fixed number of shares he/they can sell, so once they're gone, he/they can have no more negative affect (Unless he/they short, which is unlikely).

However, I think the Athiest posted a week maybe more ago saying that Tudor was buying. I questioned this and was told not to question when this person (I think it was Atheist but not 100% positive) stated that Tudor was buying. People were attributing part of the price rise to Tudor's resumed buying.

Mike's statement and Atheist's statement are not necessarily inconsistent... Tudor could have been buying, and now he could be selling having taken a 2-3 point (almost 25%) profit in the last few weeks.

I don't know. I'm not really worried either, because Tudor is just one entity and by himself cannot control the stock price for too long regardless of what he's doing. Bottom line is that whatever Tudor is doing, IATV is making good deals. Mike did allude to problems in his post (Samuels selling, threat of doing same again due to extraordinarily high number of stock options tied to market cap increase) but hopefully Samuels learned his lesson and the strength of the deals will be enough to overcome the option policy.

-Mike (who is much happier checking IATV stock prices 1 day a week and checking up on the thread every few days. Guess you guys are happier too without me around).
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