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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Kim Carter who wrote (5923)8/9/1999 1:17:00 PM
From: Ron Harvey  Read Replies (1) of 13157
 
My guess about selling at current levels is that a lot of folks who bought in the teens expected a relatively quick rise into the 20's and are now throwing in the towel. An especially dicey overall market is also encouraging defensiveness. If the general market picks up, I'd expect IATV to do the same, but, even then, in the shorter term, there might be a lot of players who keep a lid on the stock as they sell to get their money back. None of this should be relevant to longer-term investors.
The true turning point will occur when Skipjack makes an absolutely whacko forecast (not bogus but from deep belief) which I sincerely (can't fake it, either) scoff at just in time for me to be dead wrong.
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