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


To: ed doell who wrote (3013)10/1/1998 9:47:00 PM
From: mike.com  Read Replies (2) | Respond to of 4748
 
Well, certainly that outflow from the mutual funds last month was not a good sign, but if I heard right, CNBC reported that there was a sizable inflow last week. With all the selling done recently I would imagine that the funds' current cash level has improved dramatically and I think there are lots of bargains in this market. I bought MRVC once again hoping for another successful trade. I was able to pick up another 1000 shares of IATV with my last trade of that stock. I still can't believe MRVC is at 6. They're sitting on about 140 million in cash and have had 32 consecutive quarters of growth, mostly 100% growth. A forward PE of 6 for a networker is cheap, cheap, cheap. If I make anything on this trade I guess I'll just buy more IATV. Someday this ship will sail.