To all:
Apparently my mention of a possible buyout of ACTV has raised some controversy. I want to be very clear about why I relayed this this potential information and what conclusions you should draw from it if you accept it as reliable: (1) My intention is not to "hype" the stock. I am trying to get the investing public to realize what I've known for years--that this is a real company with a real technology that is worthy of serious consideration. It would appear, if my info is correct, that some very smart money sees FUTURE value in this company. I do not want to establish a price point for this stock, be it $4 or $10 or whatever. In my opinion, the company will far exceed the projected values of the current published analysts--IN TIME!! No, do not buy this stock for the quick pop. While it may happen, the real money will be made over the next 2-5 years as this company evolves from a "story stock" to an earnings driven investment. (2) I strongly believe that management (for all their mis-steps, in my opinion) views the company in these same general terms. They have worked to hard and risked to much (as we have) to be satified with the quick sale. In other words, I do not believe any such buy-out will occur. This should not diminish your zeal for this stock. Quite the contrary, take comfort in the fact that this will remain a publicly traded investment as it really grows!!
Scott Heiman
P.S. Because it is one of those great, albeit anecdotal, investment success stories, I want to tell you about an investor friend of mine. In 1966 he bought 100 shares of a soft drink company for $900. He didn't care about p/e ratios or trend lines or market makers. He thought the company made a good product and had aligned itself with the right people to distribute it. The last time I spoke to him, about 3 years ago, that $900 investment had balloned into 6000+ shares of a little company called Pepsi. I know he is glad no buyout had stolen that return. |
