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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Tony Harper who wrote (1962)4/13/1999 3:04:00 PM
From: VIXandMore  Read Replies (1) of 13157
 
On a more serious note, some of the other responses above get to the heart of the matter.

There is a good chance that this stock will finish strong again today, pushing back up into positive territory (21 1/2). It may also close at another 52 week high (22) and test the intraday high of 25 -- all of which will be very bullish signs. Even if it doesn't, there will be quite a few people who will just be learning of and/or digesting the LMG.a news this evening, so a strong opening tomorrow is not unlikely.

But...you should be thinking of the longer term. Ask yourself what the long term potential of this stock is (best case, worst case and middling scenarios) and the likelihood that Malone and LMG.a can make that happen. If you think all that upside potential is not priced into a stock with a market cap of only $500M -- as do 99% of us here -- then you might as well place a market order right now. Why quibble over 1/8's when you may just miss the boat entirely and decide it is too expensive to get in a half hour from now?

Again, you may be able to buy in at 14 by the end of the week, but most of us are betting against it.

Good luck,

-Bill
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