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


To: SCOTT HEIMAN who wrote (5408)7/7/1999 1:11:00 PM
From: mike.com  Respond to of 13157
 
Yea, I should have known better than to buy some yesterday when there was a little interest in it.



To: SCOTT HEIMAN who wrote (5408)7/7/1999 1:12:00 PM
From: Mike Fredericks  Read Replies (2) | Respond to of 13157
 
Scott:

One thing is going to move this stock significantly, and that's the announcement of the roll-out date. TVGIA is having little effect on the stock. Moving into the Russell index may have moved the stock from 11-ish to 13+, but it's going to take something real to move beyond this.

They announce earnings on Aug 15. While the earnings in and of themselves may not mean much, what else they say in their announcement will. If the words "right on schedule for a 3Q roll-out of the Fox Sports product" (or something similar) appear in the quarterly report, the stock will be fine. If "have to delay the roll-out for reason X" appears, then the stock won't. Until then I think it will remain pretty flat.

I have no idea which way it will go, but I do know that we're now 6 days into Q3 and no press release giving a definite date announcement. You'd think they'd know by now. Question is, maybe they don't want to tell us. But why? With the pummelling the stock has taken recently (due to insider sales or whatever reason), you'd think that this juicy tidbit of news which would certainly cause the stock price to skyrocket, would have been released. Ok, they may have wanted to wait after June 30 because the SAR's for the quarter are based on quarterly closing price and this way the quarterly numbers will look better because the stock only went up a point or two. But no reason to hold on to that news now...

-Mike