MULTEX.COM, INC. April 19, 1999 ACE CONSENSUS ESTIMATES IATV ACTV Inc. Wall Street currently considers the shares of ACTV a "Buy." Covered by 1 investment professional, the weighted consensus ranking or AQO is 2.00. This value is higher than the 1.00 AQO level perceived as necessary for a "Buy" recommendation. Taking notice of the fact that the AQO of the S&P 500 is currently at 0.92, the analyst has confidence that these shares will outperform the market as reflected in the S&P 500. A reduction in losses is expected in 1999 for ACTV. Currently, losses in the area of $-0.35 per share are forecasted, down from the losses of $-0.98 per share recorded in 1998. For 2000 profits arc expected, with per share results in the area of $0.20 considered possible. Analysts anticipate the S&P 500 will show growth in earnings in 1999 of about 27.33% but will see a drop of 0.04% in 2000. Currently, industry analysts are forecasting a first quarter loss for ACTV of $-0. 12 per share. Over the past month the analysts' estimate for losses has not changed. The current estimate indicates a reduction in the loss from that recorded in the year earlier quarter of $-0. 17, As a consequence of the limited coverage by Wall Street, there is no consensus estimate nor any deviation in estimates for this stock. Investors must be aware that because of the limited coverage, there is an inherently greater investment risk than exists in stocks with broader sponsorship. ANALYSTS' CONSENSUS: Buy (As of 4/19/99) No. of % of One Month Three Mos. Non- Ratings Total Prior Prior National Regional Broker Buy 1 100 1 1 0 1 0 Buy/Hold 0 0 0 0 0 0 0 Bold 0 0 0 0 0 0 0 Weak Bold 0 0 0 0 0 0 0 Sell 0 0 0 0 0 0 0 No Opinion 0 0 0 0 0 0 0 Total 1 100 1 1 0 I 0 Average Qualitative Opinion = 2.00 Consensus Breakdown Buy = >= 1.00 By National Firms N/A Buy/Hold = >=.75 and <1.00 By Regional Firms Buy Hold >= .35 and <.75 Weak Hold = >= 0 and <.35 By Nonbroker N/A Sell <0 This Report is derived from Multex ACE, the premier Wall Street Analyst Consensus Estimates and Recommendations Database with 3,000 Contributing Analysts covering 6,500 public companies. MULTEX.COM, INC. Previous Week Close: $20.75 Ticker: IATV Exchange: NSC Analyst Hiqhlights and Industry Overview Analyst Highlights STOCK SNAPSHOT Monday, April 19, 1999 Page 2 Consensus Recommendation: BUY The Consensus Recommendation is determined by averaging quantitative equivalents of the analysts' recommendations and then translating that average back into a qualitative recommendation. Consensus Annual Earnings Estimates: 1999 = $-0.35 2000 = $0.20 The Consensus Annual Estimates are calculated as the simple arithmetic mean of all unrestricted EPS estimates submitted by analysts covering the company. Consensus Details; Tracked by i Wall Street professional, ACTV stock is now considered a "Buy." The weighted consensus ranking or AQO of the company is 2.00. This value lies above the 1.00 AQO threshold considered necessary for a "Buy" recommendation A reduction in losses is expected in 1999 for ACTV. Losses in the area of $-0.35 per share are currently forecasted, down from the losses of $-0.98 per share recorded in 1998. For 2000 net earnings are expected, with per share results in the area of $0.20 considered possible.
Industry Overview Multex Data Group Industry Sector: Technology Multex Data Group Peer Group: Emerging Telcomm Transmission Equipment Companies Forecasted Company Growth vs. Peer Group; 1999 = N/A 2000 = N/A These estimates reflect the estimated earnings growth for the company versus the estimated earnings for the companies within its peer group, for the current fiscal year and the next fiscal year. Forecasted Peer Group Growth vs. S&P 500 Operating Earnings Estimates; If Wall Street forecasts are accurate, the group will see losses increase in 1999 but see a profit in 2000. Earnings of the S&P 500 are expected to advance approximately 27.33% in 1999 but are expected to drop about 0.04% in 2000... Peer Group Companies; IATV ACTV Inc. AWRE Aware Inc. TCSI TCSI Corp. ULTR UltraData Systems Inc. VARL Vari-L Company Inc. |