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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: TENNET who wrote (1576)4/9/1999 9:47:00 AM
From: art slott   of 13157
 
Tennent, great repost. Sometimes its as good or better 6 mos. later as the situation evolves and new investors need to know why they are in.

Malone is thinking ACTV-
"A source inside a Liberty affiliate company said the natural preference will be to work with Liberty Interactive, and not with an outside vendor, such as Wink Communications Inc. or ICTV.

"I wouldn't want to be a shareholder in any one of those companies," the source said. "Why would TCI, for example, work with them when they have Lee Masters building them something specific to their needs and working in concert with companies like us?"

Several weeks ago, in an apparent prelude to creating its interactive unit, Liberty acquired a 10 percent stake in interactive-program company ACTV Inc. for $5 million.

According to Liberty Media's VP David Jensen, "Clearly, there are other areas of programming that can be enhanced with the ACTV proprietary technology. We're interested in exploring all of those," he said, adding, "It's a great business [with] just sports."

Jensen said ACTV also has some potentially important patents, including
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