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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: mike.com who wrote (1468)4/7/1999 10:12:00 PM
From: SteelerStu  Read Replies (1) of 13157
 
IATV --- NEWS --- She's explode tommorow !!!!!!!!!

ACTV Shares Rise 33% on Optimism About Ties With Liberty Media

New York, April 7 (Bloomberg) -- Shares of ACTV Inc., an interactive television and
Internet
services company, surged 33 percent to a record on optimism that it will benefit from
Liberty Media
Group's growing interest in Internet technology.

The shares rose 4 5/16 to 17 7/16 in trading of 7.26 million shares, almost 26 times the
three-month daily average. The stock has skyrocketed 68 percent since Thursday.

ACTV now provides interactive cable-TV technology to Liberty Media, the
cable-programming
company run by John Malone, which yesterday said it will invest in the Internet through
its
majority-owned TCI Music Inc. ACTV also supplies TCI Music with technology that
synchronizes
Internet data with TV programming, said Anthony Stoss, a Southeast Research Partners
analyst.
''People are anticipating Liberty will expand their relationship with ACTV to include the
Internet,''
said Stoss, who has a ''buy'' rating on ACTV.

Liberty, a unit of AT&T Corp., already owns 10 percent of New York-based ACTV,
Stoss said.
AT&T's tracking shares of Liberty rose 3 1/4 to 62 1/4.
NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.
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