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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Pete who wrote (2691)4/25/1999 1:10:00 PM
From: mike.com  Read Replies (2) of 13157
 
Pete - you say "I've been lurking on this thread for a while because I "think" IATV may
have a future, but I agree with Staggerlee in that the company has
not given any concrete revenue projections,..."

Companies talk to analysts and try to guide them about revenue projections. ACTV has only one analyst following them. Bridge is not really considered though they have done some detailed projections. That leaves us with Anthony Stoss's projections over at Southeast Research Partners to go by. Now Anthony has been following the company for a while and did a report on them back at the end of last year in which revenue was projected to be around 3 million this year and jumping to 18, I believe, next year. He also did a follow up, or more detailed report which put his projections at 5 million this, and 24 million next year. In one of the latest press releases he stated that his projections were for 7 million this year and then 50 million next year. Now something must be happening for him to raise these projections. Of course, analysts have been known to be wrong in the past, so should we just take these with a grain of salt? I don't know, but if he's right, I doubt we'll be looking at a stock still trading in the teens.

P.S. I've seen the revenue projections for 2001 that he put into the full report and if they are anywhere near correct, we may have one of the best stocks to own in the next couple years. That's why I plan on holding to find out.
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