SmallCaps Online Announces Investment Opinion on ACTV
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SmallCaps Online Announces Investment Opinion on ACTV
SmallCaps Online LLC Comments On ACTV, Inc.'s Recent
Agreement With Viacom's Showtime for Synchronized HyperTV
Visit SmallCaps Online's Web Site at
www.SmallCapsOnline.com for Detailed Report
SmallCaps Online LLC today reiterated its BUY recommendation on
ACTV, Inc (Nasdaq: ACTV) and commented on its agreement with Viacom's
(NYSE: VIA) Showtime for Synchronized HyperTV Convergent Experience
For Showtime's Sci-Friday Lineup and Boxing Franchises.
Excerpts from the report follow:
Last week, ACTV and Showtime Networks, Inc. (a wholly owned
subsidiary of Viacom, Inc.) announced an agreement to enhance
Showtime's television programming with synchronized HyperTV
programming on the Internet. We feel this deal, which is ACTV's second
HyperTV programming agreement with Viacom, is important validation of
ACTV's technology, its current "2-box" convergence approach, and its
patent position, and believe it establishes ACTV's position as a
leader in the convergence arena. We also believe it will facilitate
marketing efforts at other leading media/programming companies who are
actively seeking to leverage its proprietary content into new
advertising and e-commerce opportunities.
SmallCaps Online LLC is a registered investment advisor focused
on identifying emerging growth companies in the healthcare and
information technology sectors that offer compelling investment
opportunities over the long term. By providing comprehensive financial
services, including corporate finance, M&A advisory, strategic
partnering and communications consulting, the company positions itself
to provide a fully integrated package of value-added services to
emerging growth companies.
The information in this press release has been obtained from
sources that SmallCaps Online LLC believes to be reliable, but the
Company does not guarantee its accuracy or completeness. Neither the
information nor any opinion expressed constitutes a solicitation by
SmallCaps Online LLC for the purchase or sale of any securities.
SmallCaps Online LLC and/or any of its affiliates has performed
investment banking, consulting or other services for ACTV and may
solicit investment banking, consulting or other business from, any
company mentioned in this release. SmallCaps Online LLC or any of its
affiliates or persons associated with SmallCaps Online LLC may at
anytime be long or short any of the securities referred to herein and
may make purchases or sales thereof while the Company's reports are in
circulation or posted on the SmallCaps Online LLC web site at
www.SmallCapsOnline.com. This material, or any portion thereof, may
not be reproduced without prior permission from SmallCaps Online LLC.
SmallCaps Online LLC is not responsible for the contents of this
document that is intended for electronic transmission and could be
thus subjected to tampering or alteration. Copyright (c) 1999 by
SmallCaps Online LLC. All rights reserved.
CONTACT: SmallCaps Online LLC, New York
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Jeffrey B. Davis, 212/554-4158
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Fax: 212/554-4058
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info@SmallCapsOnline.com
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TICKERS: NASDAQ:ACTV
Business Wire
09-20-99
08:30 |
