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


To: art slott who wrote (3773)1/1/1999 11:46:00 AM
From: mike.com  Read Replies (1) | Respond to of 4748
 
I agree Art. I think the ground work is still being laid too but how much longer do you envision before the company has revenues coming in from the entertainment side? Whatever your answer is, in the meantime the stock is going to be diluted. That almost always means a lower share price, unless of course you're in a truly speculative bubble like most internet stocks are currently in. It could happen here, who knows? The thing is, I heard comments about the Bridge report being conservative as far as their estimates go but the fact is, if there will eventually be 50 million shares out, to get to a 2 billion market cap the stock would have to go to 40, not 80. Until proven wrong, I'll remain doubtful it will ever get to either of those numbers.