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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: mike.com who wrote (2752)9/15/1998 9:49:00 AM
From: Jay Hardy  Read Replies (1) of 4748
 
good morning Mike! Let's do a little math. Liberty got 10% of the company for $5 million. With 18.2 million shares outstanding that's around $2.50 a share. I'm glad, for one they didn't get the other $5 million now. I'm assuming they'll get by for another 6 months without it. By than- assuming someone gets to view IATV and especially get paid the price should be in the $5's and that next $5 million will cost only 5% of the company.
Nice, but nothing to get excited about. I don't see $4 coming at all unless news released with the show tonight in N.Y. proves more enticing. This hasn't made me want to invest any more into IATV, just satisfied that I'm in with what I've got.
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