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Technology Stocks : People's Choice Tv Corp. (PCTV)

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To: Tom Duxbury who wrote (122)5/14/1998 4:14:00 PM
From: Mark Oliver   of 176
 
Tom, I wonder if it's worth revivi this thread? I've been looking at PCTV's web site pchoicetv.com and they've reworked it.

Looking under financials, I was surprised to see some large new shareholders.

Most of these transactions took place in Feb.

Robert Flemming, Inc aquired 1,242,850 shares or 9.6%

FMR Corp aquired 707,502 shares or 5.46%
(Fidelity Advisor Strategic Fund)

BCI Growth III 971,974 shares or 7.5%

Alda Multichannel Ltd increased shares 441,600 to 888,827 or +5%

Alda is a vehicle for the Oristano family and they also own individually shares:

Mathew Oristano 1,249,700
Mark Oristano 105,809
Michael Oristano 132,261
Vistor Oristano 114,113

Total 1,601,883 which should be about 10%

So, it seems to me that this shows somebody thinks this is a good investment. That's about 27% of the stock added in the last 3 months. I don't know yet who the other major holders are, but I do know Mutual Beacon holds shares.

Any thoughts?

Regards,

Mark
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