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


To: Skywatcher who wrote (12951)10/24/2001 8:17:52 AM
From: richard badauskas  Read Replies (1) | Respond to of 13157
 
For those still interested....Spoke with ACTV yesterday. SpotOn trials are underway. I understand that the number of customers selected for the trial were settled on 10 October. They have a full book of advertisers and will run the trials for six months.. to Spring of next year... expecting a second MSO to come on board within the next three months. There will not be any high profile PR on the trials.

The cash burn is expected to drop to around $6M for the December quarter. This will leave around $75M in cash at that time. The whole ITV sector is suffering and the cash will come in very handy to pick up additional business assets from other companies struck down by lack of cash.

Concentration will be on contracts that supply good margins (some competitors are doing deals that incur liabilities down the road). There is no point in doing business just for the sake of signing contracts with minimal margins.