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

To: StaggerLee who wrote (866)	3/29/1999 8:10:00 AM
From: art slott	Respond to of 13157

Stagger lay off that crack pipe. You know the one you were smoking when you said increasing market value was meaningless because the stock was still at $5. Your talk of WPO notes, credit lines, and turn around and selliing at $8 without affecting the price are delusional. And so are you. Actv will be going to the capital markets to finance $5.5 repurchase of the original exchangable preferred. Don't want go to the well too often.

To: StaggerLee who wrote (866)	3/29/1999 8:26:00 AM
From: art slott	Read Replies (2) \| Respond to of 13157

>>ACTV would buy the shares from WPO at $4 and sell them on the open market at $8 and immediately repay their obligation to WPO. The fees involved would be negligible and ACTV would pocket the net proceeds (of around $4 million, cash).<< What happened to the underwriter of the stock offering. Are they working for free? 10% is the minimum. Most of all Samuels and Reese have much better things to do right now. Thats why they're in Denver so much, Mr. Bean.