IATV - ACTV Interactive Television Message Board

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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: Jon Scott who wrote (4413)	2/9/1999 2:39:00 PM
From: Mike Fredericks	Read Replies (1) of 4748

To All Re: Value partners. If I read the filing correctly, they paid $4.5 Million for a note that got them the 2 million + shares of stock. The value of the stock that they sold is $5.02 million. So they have already turned a profit on the deal, roughly 11% profit in a year assuming the 1.4 million shares of IATV they own became suddenly worthless. Perhaps (and this is just a guess) they sold enough stock so that they would have guaranteed themselves a profit on the deal, and they are not necessarily looking to drop the other 1.4 million shares in the next month. Just a thought, -Mike

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