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

To: art slott who wrote (1972)	4/13/1999 7:22:00 PM
From: Robert Cohen	Read Replies (2) \| Respond to of 13157

If people have limit sell orders in, the market makers will knock the stock down below limit order to get stock cheap and then pop it back up. FLVL was a seller today because preferred holder sold everything he had. He doesn't look at fundamentals but rather profits which were huge for him. It was very apparent it was a market order because FLVL was selling all the way down to the low. Remember this stock seems to sell off news then starts to go again. There will be many new institutions coming in with Liberty increasing position. Remember Liberty must put up 86 million dollars to reach the 25% mark. ACTV no longer needs to raise cash, they now have 18 million in cash not bad. The total committment is over 100 million dollars.