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Technology Stocks : Paul Allen's Wired World
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To: Mike McFarland who wrote (39)7/3/1999 6:15:00 PM
From: mike.com  Read Replies (2) of 361
 
I love "TeeVee." But, you're right, I tire of the douche and beer ads too. Imagine getting ads that fit your interests, and having a choice of which ones you see. Impossible you say? Well. it will happen. You see, the "TeeVee" is about to change. Paul Allen is aware of the possibilities. He's a visionary. He has been gaining interest in the interactive ability of television in the digital world. Right now the internet is very interactive and "teevee" is mostly passive (except when the remote is in the hands of a skilled channel surfer). However, with the next generation of set top boxes, that's about to change. The convergence of the TV and PC is inevitable.
Now there are many companies offering so called "interactive television" but I believe the one that will dominate will be IATV. I see my friend Carolyn on this thread and I believe she will agree with me. Unfortunately, Allen doesn't own a piece of IATV - YET. John Malone's Liberty Media has a stake with options to increase it to a 25% ownership. Allen has to be aware of the company and their patent portfolio. Please don't consider this reply spam or hype. Do some research and look at where Allen's investments and strategy are headed and then if you can honestly tell me that IATV will not be a part of that broadband digital world I won't mention it here again. IMO Allen should take a stake but I think a couple other billionaires (John Malone and Rupert Murdoch) might object.
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