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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Bruce Cullen who wrote (8219)12/5/1999 10:24:00 PM
From: Mike Fredericks  Read Replies (2) of 13157
 
I know you hate both my idea's and others here at times but I must add that this "One click" shopping does not worry me in the least!

Hate? Wow. That's pretty strong. I feel like I'm getting painted with the same brush that shorters get painted with on the penny stock boards.

I like the company. It's one of two stock holdings that I have (other is QWST). Most of my money is in funds, just easier that way. But I feel strongly enough about IATV that I want it in my portfolio. My big gripes about the company were lack of rollout of Fox Sports and management compensation. My beef re: Fox Sports was that it was always right around the corner and that with MSFT and others making interactive offerings starting 2Q '00, we needed to get Fox Sports out the door now so we would build market share before MSFT got out there. They didn't get Fox Sports out, but Cyberbond and Austin Powers mean that IATV is capturing eyeballs. I heard a radio ad for Cyberbond here in Northern Virginia. Pretty slick.

My beef with management compensation was that the company used SAR's instead of options. While I have not actually read the recent SEC filings myself, enough people here have said that they have switched from SAR's to Options that I feel reasonably confident that this has happened. At the moment, I'm trying to convince Stagger that he's wrong and that Options are many many times better than SAR's.

So pretty much I'm optimistic.

I am not thrilled with the difficulties I had where I couldn't get into Cyberbond, and I'm not thrilled with how IATV is gathering personal information - I'm concerned that they'll turn prospective users off. But I'm also a perfectionist and I want everything done right. The privacy issue is a much less significant issue than either of my two prior problems.

I actually added 50 shares at 18 3/4 just before this run-up. 50 isn't alot to you millionaires, but I didn't buy more stock because I think the company stinks. I don't read this board because I hate what everyone has to say.

-Mike
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