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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV -- Ignore unavailable to you. Want to Upgrade?

To: Champolion who wrote (4927)	6/15/1999 11:05:00 PM
From: StaggerLee	Respond to of 13157

1. Management would love to have they're newly approved 1.5+ million shares/options issued to them at $8 rather than $16. I told you it was a stupid compensation plan. Anyone who voted to approve it is getting what they deserve. 2. The quarter ends in 2 weeks. If the stock closes below 11 3/8 on 6/30 they won't need to record a SARS expense related to appreciation. However any stock issued directly to management still needs to be expensed this quarter, and they have complete latitude to issue themselves an awful lot of free shares. I can't wait to see how people would defend millions of "non-cash" compensation expense to management even if the stock manages to drop for the quarter. Hey look on the bright side: More shares outstanding means lower loss per share. I'm glad I sold in the $20's and at $16.

To: Champolion who wrote (4927)	6/15/1999 11:10:00 PM
From: art slott	Respond to of 13157

A couple thoughts of mine on competition. 1. The fact that many companies want to make money on interactive tv tells me the sector should garner alot of attention in the biz media and that the winners should reap huge rewards. 2. The thinking that competition hurts Actv is only valid if one thinks there is room for only one interactive company. That would be like saying there is only room for one internet portal or ISP or computer hardware manufacturer, etc. 3. As long as Actv's partners believe in their technology Actv will have plenty of programming to interact with and multiple revenue streams to access. So far partners like GI and Liberty, The Box, Fox, and TV Guide as well as AT&T have done nothing to make me think otherwise. Actv has the partners they need and unique programming enhancing software that the competition does not and will probably end up having to or needing to license.