IATV-ACTV Digital Convergence Software-HyperTV Message Board

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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: StaggerLee who wrote (866)	3/29/1999 8:26:00 AM
From: art slott	Read Replies (2) of 13157

>>ACTV would buy the shares from WPO at $4 and sell them on the open market at $8 and immediately repay their obligation to WPO. The fees involved would be negligible and ACTV would pocket the net proceeds (of around $4 million, cash).<< What happened to the underwriter of the stock offering. Are they working for free? 10% is the minimum. Most of all Samuels and Reese have much better things to do right now. Thats why they're in Denver so much, Mr. Bean.

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