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

To: mike.com who wrote (3649)	12/15/1998 2:21:00 PM
From: dwight martin	Read Replies (1) \| Respond to of 4748

at bridgenyc.com: Valuation: We have provided a variety of different valuation methodologies, including discounted cash flow, terminal P/E multiples, and terminal operating income multiples. Regardless of the valuation methodology, ACTV's share price appears undervalued at its current level. We believe current fair value to be in the range of $14 to $17 per share. Based upon the expected growth in net earnings and EBITDA, and approaching corporate milestones, we believe an appropriate 12-18 month price target of $7 to $9 is achievable. I don't believe this. Furthermore, this firm appears to be following only fours companies. Grain of salt time, IMO.