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Microcap & Penny Stocks : IATV - ACTV Interactive Television -- Ignore unavailable to you. Want to Upgrade?

To: ed doell who wrote (2285)	7/22/1998 12:38:00 PM
From: Mike Fredericks	Read Replies (2) \| Respond to of 4748

IMHO this stock is in strong hands at this time and is under quiet accumulation by small and large investors. Any thoughts about this would be appreciated. Disclaimer: I hold no position in the stock. I'm not much of a TA guy, and I certainly don't know what sorts of indicators don't work on small-caps. But if you go to bigcharts.com and do a 1-year chart on IATV, use the interactive charting and select indicators and Money Flow, you will see that the slope of the Money Flow line has actually been negative during the recent run-up. To me, this indicator appears to contradict the statement that the stock is under accumulation, rather it's under distribution. But, to be fair, some of the stocks with the biggest money flows last week were DELL and MSFT, both up on the week. shrug -Mike