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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: whitephosphorus who wrote (845)3/27/1999 8:12:00 PM
From: mike.com   of 13157
 
William, it looks like TWP made a pretty good investment with IATV. They are 1.9 million dollars ahead with what they have sold already with current holdings still worth 12.2 million. Not bad for a 3.3 million dollar investment. And isn't it reassuring to know that they are still holding onto 1.6 million shares. Even more reassuring was the rise of the stock amidst that selling. Those 700,000 shares were absorbed very quickly. I'd say there are a lot of shares in the hands of investors now with a cost basis of 6 - 7 1/2 dollars. That will provide a very nice base. I'm very excited about the things to come in the next several months.
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