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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: The Atheist who wrote (4035)5/21/1999 11:21:00 AM
From: Raybert  Read Replies (1) of 13157
 
Right, I agree with the end of the year call. I am longer in this stock than any other issue, but you have to admit, the near blatant disregard for some of the unpleasant facts strains the credibility of the posting, and the board in general.

The lack of an announced roll-out date yesterday has to be a bit of a letdown. I think the statement by Malone from Steve Hausser post #3994 speaks volumes:

<< I said to John Malone it seemed that according to Lee Masters' presentation, ACTV technology use would be quite substantial. He neither confirmed nor denied it. I took his nondenial as a confirmation. When I asked him when we could expect to see a commercial launch of these products, he smiled and looked at Dob Bennett who also smiled and said that we have to get more boxes out there.>>

I still think it's the old boxes. A while back I picked up from the GIC board that TCI had bot 900,000 of the old boxes. I don't know the cost but let's say $100 bucks each. That's a big investment to have go obsolete in one big announcement. Thus my question of a few days ago about is TCI trying like hell to market them to you too?

There are many reasons to love this stock as a story stock. At some point they have to make a business of it. No one is going to beat Microsoft for long in a market on reputation alone. They will have to have a solid business plan, and the numbers will have to be there to support it. The value of the shares will come to depend more and more on this alone. And if the shareholders don't care about that, who will?
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