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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: mike.com who wrote (916)3/31/1999 12:40:00 PM
From: Ron Harvey  Read Replies (1) of 13157
 
<<. 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.>>

Good post. Making a projection via analogy is infinitely more sensible to me than numbers plucked willy-nilly from wishful thinking and imagination. Most message boards seem to contain spiral-eyed forecasts based on nothing more than a spurt of adrenaline.

And I agree that there's lots more excitement to come for this nifty story stock, although my druthers are that it not get spiky. I personally feel more comfortable holding when up-moves alternate with consolidation, which allows nervous hands to exit without causing undue volatility. (Not that the trading is going to consult me about how it will unfold.) But the action does look strong, and I'd guess that profit-taking slippage (to be expected) will be viewed as opportunity by many who regret not getting in just a tad lower from whereever the price happens to be. The stock's certainly rising with greater authority than I'd expected, which doesn't exactly make me wring my hands in dismay. I think that for investors the risk is in selling too soon; the stock is certainly telegraphing that there may yet be lots more movement north over the coming months.
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