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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Trippi who wrote (907)3/31/1999 9:39:00 AM
From: mike.com  Read Replies (3) of 13157
 
Trippi, since you've asked for my timeline and targets I thought I'd respond. Whenever I look at a company like IATV to try to guess where they are going, I like to look at companies with comparable growth. Now, I know what we are dealing with is projections of growth, but I feel the projections I have seen are realistic and possibly even conservative, but they still remain to be proven.
That said, take a look at Verisign today. In 1998 they had sales of 39 million and a growth rate of over 300%. Their market cap is over 3.3 billion and it looks like it is going to increase substantially today. IATV's growth rate is predicted to be similar and they may even turn a profit in 2001. The shares outstanding are also similar with VRSN (they have 24.3 before the split announced today). Anyway, Verisign's stock has gone from 19 to well, it just opened at 154. Could IATV's stock make a similar move? I think it's completely possible. I know VRSN is much more a pure internet play but the excitement of digital TV hasn't even begun yet and I feel it will rival the excitement over the internet sector. I'm going to stick around and watch it all play out.

P.S. I see we're bumping up against the high again at 8 7/8.
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