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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Tony Harper who wrote (1958)4/13/1999 2:59:00 PM
From: Mike Fredericks  Read Replies (1) of 13157
 
Can anyone tell me a good entry point in this stock. I see the potential, but its already had quite a run. Is there any reason to believe it will head higher? Tony

Liberty Media just forked over a few million to buy stock & options priced around $18 (by our estimates). This follows on their investment in the 2 1/2 range late last year. If LMG didn't think the future for IATV was bright, they wouldn't have put in a second round of financing.

Since LMG bought at 18, I doubt you'll have a chance to get in much below 18. Anything in this range is a good buy. I bought yesterday at 20 15/16 and today at 18 3/4 (in addition to shares I've had since 2 3/4 or so) and even though I'm down a bit on the shares I bought yesterday, I don't mind. The news this morning was very good. I have now seen IATV linked in press releases with:

Interactive Sports Programming
Interactive Music Programming
Interactive TV Guide
Interactive Advertising

They have their multiplex-based interactive TV and the new web/TV convergance "hyperTV" product. I'm very optimistic and would buy more here (well, I already did this morning so you could say I put my money where my mouth is.)

-Fred
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