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


To: ed doell who wrote (2746)9/15/1998 9:32:00 AM
From: art slott  Read Replies (1) | Respond to of 4748
 
Ed, I would guess 99% of the investment community was unaware.
For sure we will be over 3 today. May hit 4 today or tomorrow imo.
I really like what the CEO and VP had to say. I m confident the Street has alot of faith in Liberty and will not see the execs statements as hyperbole.
The companies also announced a new joint venture that will explore other applications of ACTV's technology.
"We are committed to remaining at the forefront of cable programming as the industry and its consumers move further into the digital world," said Robert Bennett, President and CEO of Liberty Media. "This partnership will combine our programming experience with ACTV's powerful digital technology and enable us to offer viewers an improved television experience."
"We believe 'Individualized Television' is one of the most creative, adaptable and fun new applications we've seen for digital television," said David Jensen, Vice President of Liberty Media. "Our relationship will enable us to deliver one-of-a-kind marquee television programming to a rapidly expanding base of digital homes. In addition, this investment will provide the resources for a more robust rollout of ACTV's regional digital networks in conjunction with FOX Sports Net."


Art



To: ed doell who wrote (2746)9/15/1998 9:38:00 AM
From: Jim Mulis  Read Replies (1) | Respond to of 4748
 
To all,
We've passed a milestone, even if we haven't had time to fully appreciate the fact. This is no longer a speculative stock. The investment by Liberty validates our status as a stock worthy of consideration by serious investors. A lot of people on the street will follow the money ( Liberty Media ).
I'm absolutely sure that we could have sold more of the company, maybe even all of it. And I'm equally sure that Liberty wanted a lot more of this company. I'm just happy that we have the backing of Liberty and room to grow.
Jim