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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: art slott who wrote (4986)6/16/1999 3:11:00 PM
From: Robert Cohen   of 13157
 
No Mike I'm still alive and well. The show was an absolute success, except the stock price doesn't indicate it. I've tried to not get emotional and let the emotional sellers get out. The stock is being fueled solely by erational emotional people which is normal in the market. People start to second guess the fundamental story. Samuels still has 3 miilion plus shares left. There is never a good time for an insider to sell. No one remembers that Samuels worked for 6 months for no money. Samuels hasn't sold any shares in 10 years, he has a right to sell a very small fraction of what the big picture is. Remember Steve Jobs sold all his Apple stock 2 weeks before Microsoft gave them a slug of cash, it means nothing. Samuels also had a huge tax liability from a bonus he took in stock rather than cash. Because of that transaction he incurred a 7 figure tax liability. When tomorrow roles around and everybody is back in there offices from the show the fun will begin again, but this time the rally will be sustained.
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