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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: SCOTT HEIMAN who wrote (3970)5/20/1999 12:40:00 PM
From: Mike Fredericks  Read Replies (1) of 13157
 
When's the @(*#&(!*@&# Rollout date?! That's the one single piece of news that I absolutely desperately needed to see coming out of that meeting. A delay due to Malone is fine, but when will we see a rollout? They put out a press release a while back saying "1999," but is the delay taken into account in that release? Also, someone here said that the delay is to allow them to launch nationwide at pretty much one time, but the most recent SEC filing (10Q for 1st Q, I believe... I quoted it here just 3 or 4 days ago) said that their first interactive TV app would be Fox Sports SW.

ERRGGG. I know the technology is great, but we can't make any money until they sell it. I am also curious as to the nature of the "sales meetings" for the past several weeks... is this the sales staff meeting with each other to hammer out a strategy or the sales staff meeting with potential customers and lining up contracts? If the sales staff is all giddy and happy but they've only been meeting with each other, then it's not as big a deal as if they're all giddy and happy meeting with customers...

As an aside, I had to sell some stock yesterday because of a margin call (strictly due to IATV going down.) Put in a limit at 17 5/8 and it was filled. So now I'm down to 150 whopping shares.

As another aside - I guess the compensation plan was questionable enough that 3-4% of the shareholders voted against it. Considering that everyone who works at the company voted for it, and most people either fail to turn in their proxies or accept managment's recommendations, 3-4% is a fair number of "no" votes. Not that I really care about the compensation plan at this point, but I will be watching it to see if anything changes.

-Mike

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