Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 244.06

-9.8%

Nov 21 9:30 AM EST

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To: whitephosphorus who wrote (3868)	3/8/1999 11:47:00 PM
From: Stock Watcher	Read Replies (1) of 52051

William; on IATV; excellent point on the "quiet" nature of this stock. One possibility for lack of sustained interest in IATV is that it moves up at a snails pace, but, it continues to climb higher each month. The stock was caught-up in a very tight trading range between $5 - $6 for about two months. Many investors lost their patience waiting for a 'pop'. Well, the "pop" came last week when IATV hurdled over the $7 mark convincingly, and it hasn't looked back since. Volume has been healthy, and the stock seems to have major support @ 7.25 with temporary resistance @ 8.00. For a daytrader, this stock is a bore. For those who bought @ $4.00 or less, a celebration is taking place in their portfolio's. The best stocks on the INDEX are the slow steady movers: FTEL, ICOR, WAVX, XYBR and many more. Another reason there isn't much talk or hype on IATV is the lack of constant (meaningless) news being issued to jump-start the stock. IATV is too busy working on building a real company which manufactures vital technology for interactive TV to sink low enough to fret over it's stock price. This is the type of company I really like to follow. There's not much to talk about on message boards because there aren't any rumors or expectations to banter about. The minute the company starts to worry about it's stock price, that will be the same minute it's deleted from the INDEX.....regards, sw

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