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

To: mike.com who wrote (2416)	8/11/1998 5:02:00 PM
From: hoffy	Read Replies (3) \| Respond to of 4748

I wouldn't expect too much from this stock until after earnings are released on Friday. Most people know that the earnings will not be that good. Not much revenues yet and the earnings will just not be there. Even though most people know this, once the earnings are released you can bet that some people wil see them and sell. I think we'll see the stock back in the 1's and stabilize there. In that area I would be a buyer again for the long term. But for now in this bad market with very poor earnings about to be released I would sell and wait for a better entry price. I had planned to sell before earnings and was waiting for a good price. The jump yesterday gave me the opportunity to get out and wait through the earnings. I really do like this stock and my past posts have shown that but I will never hold a stock through earnings when we know they will not be good. Look at others stocks like GMGC that had bad earnings forecasted and then reported them. It dropped from 11 to 6 even though no one was expecting any revenues yet from them. This market is not forgiving right now and a bad earnings report is not what any company needs now. Good luck to all the longs. I will join you again after the inevitable sell-off.