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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV -- Ignore unavailable to you. Want to Upgrade?

To: whitephosphorus who wrote (845)	3/27/1999 6:07:00 PM
From: art slott	Respond to of 13157

Good find William. Don't forget GI is putting out digital boxes for C&W and Actv is suppose to be working together according to a previous PR.. nytimes.com

To: whitephosphorus who wrote (845)	3/27/1999 8:12:00 PM
From: mike.com	Respond to of 13157

William, it looks like TWP made a pretty good investment with IATV. They are 1.9 million dollars ahead with what they have sold already with current holdings still worth 12.2 million. Not bad for a 3.3 million dollar investment. And isn't it reassuring to know that they are still holding onto 1.6 million shares. Even more reassuring was the rise of the stock amidst that selling. Those 700,000 shares were absorbed very quickly. I'd say there are a lot of shares in the hands of investors now with a cost basis of 6 - 7 1/2 dollars. That will provide a very nice base. I'm very excited about the things to come in the next several months.

To: whitephosphorus who wrote (845)	3/27/1999 11:57:00 PM
From: StaggerLee	Respond to of 13157

In hindsight, another bonehead move by this management team. Add this to the sale of 10% of the company to TCI at $2: >>The company [Washington Post] said it was free to sell after ACTV on Jan. 2, 1998, failed to make its second and final $125,000 payment toward acquiring an option to buy back as many as 1 million of its shares from Washington Post. The option was $4 a share until March 31, 1998, and $5 a share after that. << That $125K would be worth $3.69 million today. The shares sold to TCI for $5 million would have generated $20 million for shareholders today. Nice job, guys. That's $24 million of bad decisions in 6 months. I know hindsight is 20/20 and all that, but still: This shows very clearly what a little bit of financial prudence over the years could have saved shareholders (by preventing or delaying these ill-timed transactions). Thank God none of your cheerleading shareholders notice these things. Here we come $20! I can feel it!