Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: grasshopper who wrote (84)	3/14/1998 12:16:00 AM
From: Tom Hua	Read Replies (1) \| Respond to of 1015

InterVu Stk Up For 2nd Straight Day Following Research Note Dow Jones Newswires NEW YORK -- InterVu Inc. (ITVU) shares rose for the second straight day Thursday after one of the two analysts who follow the company issued a favorable research report. Glenn Powers, analyst at Cruttenden Roth Inc., issued a report stating that the company's relationships with the NBC network and Microsoft Corp. (MSFT) "are starting to pay off." Shares of the full-service video solutions distributor were up 15.7% to 13 13/16 Thursday on volume of 775,900 shares, more than 10 times the average daily volume of 57,200. The stock rose 30.8% Wednesday. Market makers in the stock couldn't say whether the stock increase was directly related to the report. The company said it didn't know what has been driving the stock. InterVu, which promotes itself as a kind of one-stop shop for customers to quickly distribute video images over the Internet, announced last week at a stock conference that it will provide a new service to Microsoft's VXtreme customer base, an expansion of an existing agreement. "InterVu's relationship with Microsoft appears to be a very good source of referrals," the report said. "InterVu has noticed that Microsoft has been directing some of its customers to InterVu as the primary outsourcing company for Internet video." Powers also said NBC, a 10% owner of InterVu, is expected to start delivering "a significant amount" of video through InterVu fairly shortly. The company already has NBC Multimedia Inc. as a customer. "NBC should increase the content delivered through InterVu, perhaps in the next few months," the report said. "Recent discussions we've had with NBC management show strong enthusiasm for the project." Also, investors should look for another "major network" deal soon, the report said. "We think that an announcement of another major content deal could move the stock higher, and convince investors that the solution is compelling for networks other than early-backer NBC," the report said. Cruttenden reiterated its strong buy rating of the Solana Beach, Calif., company, but cautioned that the company is an early stage firm with "insignificant" revenues. Cruttenden is forecasting substantial losses at InterVu through 1999, and projects InterVu's first-quarter revenue will be $80,000, compared with $10,000 a year earlier. Cruttenden's two-year price target for InterVu is 35. Powers said the company is hesitant to give a 12-month target, but indicated the stock could reach the low-20s this year.

To: grasshopper who wrote (84)	3/14/1998 2:43:00 AM
From: neverenough	Read Replies (1) \| Respond to of 1015

Grasshopper, My reasoning for a 20.00 target is not technical, but based more on the values given to internet based companies that show a great promise for strong growth. Just look at USWB,CMGI,ELNK,GNET,Yhoo,MSPG etc. Once the word is out, up we go! Now it may not be straight up, but up none the less. ITVU just came public 5 months ago, and IMO their V-Banners are the best banners on the market. Plus it can't hurt to have NBC and Microsoft on your side. Nigel