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

To: StaggerLee who wrote (2049)	4/15/1999 6:30:00 AM
From: Champolion	Read Replies (1) \| Respond to of 13157

At this stage, IATV may be oversold. If I look at a 60-minute technical chart, I come to the conclusion that IATV is already oversold. Consequently, we have a wonderful entry point at this level. Setting target prices is generally a bad idea, but $30 a share is a possible target. When the public, and Wall Street, will realize that IATV has the power to supercede solutions provided by RNWK or AHWY, they will shift their capital to this strong-in-the-market company. My 2 cents, __________ Champolion

To: StaggerLee who wrote (2049)	4/15/1999 8:58:00 AM
From: The Atheist	Respond to of 13157

StaggerLee if you had bought 1,000,000 shs at $2 then they would be worth more than $ 17,000,000 today. So why did you not do that. ????

To: StaggerLee who wrote (2049)	4/15/1999 10:18:00 AM
From: Mike Fredericks	Read Replies (2) \| Respond to of 13157

Unfortunately the market value isn't $400 million. It's $550 million. I'm not going to go into this, since it leads to party disruption here and nobody cares since we're in an uptrend. But this is another $38 million giveaway, if you ask me (ie, $150 million * 25%). What has TCI done to deserve this? $38 million is about $1.25 of foregone cash per share, for what it's worth. Nice job once again, guys. A) I care. B) Market cap isn't $550MM according to Yahoo, but Yahoo could certainly be wrong. C) I decided to do my own math to get an estimated strike price on the options. I came up with $16.40. Is this the "forgone cash" you're talking about (IE they could sell it on the open market for $18+/-, instead they sold for $16.40?) -Mike ------------- According to Yahoo - IATV = 472.3MM... At that time, Stock price = 18... so #shares = 26.2MM I believe that LMG already owned 7.5% of IATV? Correct that percentage if need be. 7.5% of 26.2MM = 1.965MM. Say 2MM shares. IATV must issue x new shares to sell to LMG so that: LMG's share (2MM + x) = 1/4 of shares outstanding (26.2MM + x) 8MM + 4x = 26.2MM + x 3x = 18.2MM x = approx 6.1MM shares They are selling these 6.1MM shares for $100MM 100MM/6.1MM = $16.4/sh