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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: art slott who wrote (4632)6/9/1999 9:11:00 PM
From: jmanvegas  Read Replies (1) of 13157
 
Art: If the interest rates go higher than what most pundits are calling for, that is, the 30-year bond heads toward 6.5%, then no stock IMO would be a sanctuary. Under those circumstances, and I'm not predicting one way or the other, but I got this funny feeling that Greenspan is going to take back 2 rate cuts and, if that doesn't slow the economy, he'll take back all 3 rate cuts. If that happens, we will see IATV at $8-$10, which would be an extremely excellent buy.

Unless of course, the news is so overwhelming regarding IATV's ever-close launch, then the stock may shrug off any interest rate concerns. Oh well, just spewing my thoughts - don't know where anything is headed in the near term. Let's hope that some major news comes out of the cable show to keep IATV on an even keel, even if the market does a little swoon. Good luck to all.

jmanvegas
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