Yes, we agree on that. Following on the heels of the BCST sale to YHOO, there is one other alternative that you'll probably like even less than an IPO. That is to skip the IPO altogether, and simply sell TVOW directly to another portal, say AOL, for a pile of cash and stock. This would preserve our status as a holding company, and give AXC a pile of cash to nurture AENTV, Ampex Data Systems, Reiter, and the new in-house video operations, apparently to be called Internet TV Network and Online TV network.
Allow me to add that I have no doubt that with all the exciting things going on they will be able to secure ample additional funding, whether by IPO, sale of a company, or private placement.
Carl
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