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To: jeffbas who wrote (9897)	6/25/1999 10:23:00 AM
From: Christiaan McDonald	Read Replies (1) \| Respond to of 21142

Jeff, the Merrill Lynch report on VOD gives Diva a kick in the shins. Anyone remotely interested in Diva should get that report and read it. You may not agree but you need to read it anyway. Ken

To: jeffbas who wrote (9897)	6/25/1999 5:20:00 PM
From: Nimbus	Respond to of 21142

DIVA IPO I know that an IPO has been in the works for a while but the SEC has some tough hurdles you have to jump over before they will OK it. I am not in the "inner circle" anymore, and own no private Diva Stock, so I don't know the current plans in this regard. From what I have heard, financially they are still within plan. They have some very potent backers so I think they will be able to hang in there. They are showing the industry by example that VOD can be done and that the public will buy it. As we have said before, whoever helps in changing the culture towards ITV, will be good for all credible participants. BTW ... SEAC had a PR out today in regards to their offering, for those interested: biz.yahoo.com