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Technology Stocks : NextLevel (NLV)

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To: S. HYDER who wrote (474)2/19/1998 8:49:00 PM
From: art slott   of 475
 
Subject: IATV - ACTV Interactive Television

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To: +Scott S (1663 )
From: +Robert Cohen
Thursday, Feb 19 1998 3:48PM EST
Reply # of 1668

Great news. ACTV did there first live feed last nite with all the partners there. It went flawless.
Digital by tci is 10 to 1 compression. They live feed of actv is 4 to 1 which is likehigh definition tv.
Everyone was amased. On a scale of 1 to 10 it was a 12 they said. Fox and TCI thought there
would be a glitch because first live feed. There wasn't. Food for thought. If you look at recent debt
deal. ACTV put up 3 million personally. There is a claus in which i found interesting. It states if
ACTV brings in a strategic partner in the industry to make a significant financial equity stack
ACTV gets there 3 million back. Here is the interesting part though, ACTV claus is only good for
90 days. Why would they only want 90 days. My thought is someone big could be happening. I
tried posting before so if duped sorry.

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