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: LTK007 who wrote (1702)	4/11/1999 1:54:00 PM
From: Lost1	Read Replies (1) of 13157

Maximillion, Thanks for your response. I believe the future of communication/media lies in CO.s such as IATV. Did you read my P&F read on the stock? P&F doesn't take into account any of the things you mentioned. It ONLY looks at the supply and demand w/ regards to the stock itself. As I said, there IS demand for this stock demonstrated by the spike in price. If one were to buy at the present level they could protect their downside risk with a stop @ 16. This is acceptable since the Price Objective is so high. We like to see a possible $3 upside potential for every $1 on the downside. (3/1 risk/ratio). THerefore, @ 20 (present level) with our down side @16 and our PO @ 45 we get a R/R of ~ 6:1. Not bad. And we're protected in case of a sell-off @ 16. I personally would be thrilled to own it in the $17 range on any slight pullback thereby improving my R/R even further. Thanks and have a great Sunday, Lost1

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