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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Craig Jacobs who wrote (4267)5/27/1999 11:51:00 PM
From: Mike Fredericks  Read Replies (2) of 13157
 
SINCE everyone is asleep, I figured I would post some info,

This should be our target price ...

The shares of Worldgate Communications (WGAT) are rated a STRONG BUY by Preferred Capital Markets, with a 12-month to 18-month price target of $75.


I think it will be soon, but the difference is that right now, WGAT has 50,000 customers and IATV has 0. I stand by my call that as soon as there is a roll-out date announced, IATV will suddently jump to 20. One quarter after the rollout, when the number of subscribers is higher than previously estimated, IATV will run up again.

Both are hypotheticals of course... flip side is that if Sep 30 rolls around and IATV hasn't rolled out, I expect the stock to be at 8 or less.

-Mike
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