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Technology Stocks : InterVU (ITVU) -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (60)	3/12/1998 5:32:00 PM
From: songw	Read Replies (1) \| Respond to of 1015

The float is even better than that-only 2M biz.yahoo.com

To: dennis michael patterson who wrote (60)	3/12/1998 5:51:00 PM
From: Skip Leonardis	Read Replies (1) \| Respond to of 1015

Dennis, The float is actually 2M. Info below from 8-k including lockup terms. Personally, I have no idea how to trade in and out of these early runups - felt confident selling PTVL at 23 and it promptly ran to 28 <g>. Dented the confidence level so I'm gonna tuck this one away and let it run it's course. Long from 9 1/4. ------------------------------------------------- www1.freeedgar.com then search for Intervu Sales of a substantial number of shares of Common Stock in the public market following the Offering could materially adversely affect the prevailing market price of the Company's Common Stock. Upon completion of the Offering and the Direct Offering, the Company will have 9,378,835 shares of Common Stock outstanding (including 210,526 shares purchased in the Direct Offering). The 2,000,000 shares offered in the Offering (plus any shares issued upon exercise of the over-allotment option granted to the Company's underwriters (the "Underwriters")) and the shares offered in the Direct Offering will be freely tradeable under the Securities Act of 1933, as amended (the "Securities Act"), unless held by "affiliates" of the Company as defined in Rule 144 under the Securities Act. Of the remaining 7,168,309 shares of Common Stock, all will be eligible for sale under Rule 144 under the Securities Act, subject to certain volume and other limitations, following expiration of the nine-month lockup agreements with Josephthal, Lyon & Ross Incorporated ("Josephthal"). Josephthal may, in its sole discretion, and at any time without notice, release all or any portion of the shares subject to such lock-up agreements.