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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: BN who wrote (12258)1/10/2001 4:55:15 PM
From: Bruce Cullen  Read Replies (3) of 13157
 
My opinion on this press is that IATV is now setting up the infrastructure for e-commerce transaction handling on a scale that is easy to use and quick to expand and control.

I like this news, they are also showing their partnership lineup, it almost seems an attempt to say "we are comin hard and strong with HUGE interests involved... and we be bringing our patents that will own and dominate this space"... "The Disney suit will show our patents have been nurtured for a long and hard bottom line battle to own the interactive and TV centric space worldwide".

Todays close looks to have also broken us out of the recent downtrend resistance line that had formed over the past few weeks or last month. Tomorrow may show where we can expect to go for the upcoming month and longer. A higher close tomorrow may prove we have seen the bottom for the last time in the $4-$5 range, a lower close by a quarter point could put us in limbo for a few more months. I would have to bet we see a nice rise tomorrow, we shall see.

This sector is going to happen, presently I am watching the making of an e-commerce platform in a company that is ranked 41 of the Forbes 50. We do 60 million e-commerce transactions per day and I see this number growing to 100 million w/in 1-1/2 years. My position is Engineer e-Solutions. There are many projects on the horizon, the cellphone side has been a complete mess but this is not due to the cell-phone itself but employment relocation issues. Interactive advertising is going to grow in leaps and bounds as well as the TV commerce side.

Bruce Cullen
Sherwood Coasts Group
sherwoodcoastsgroup.com
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