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

To: Robert Cohen who wrote (2535)	4/22/1999 6:18:00 PM
From: mike.com	Read Replies (1) \| Respond to of 13157

I agree, let's just hope the news doesn't get any better.

To: Robert Cohen who wrote (2535)	4/23/1999 1:09:00 AM
From: Jerry Rockwell	Read Replies (2) \| Respond to of 13157

I am a very long time holder of ACTV. I began in 1992 and stopped acquiring in 1993 with 18000 shares. I went from love to hate. I had the chance to make a great profit back then but as you know it went back to under $2/share from a high in 1993 of 8 I believe. I had never sold a share. When this stock came back I began selling off in January, determined not to get burned again. It was only about 6 weeks ago when I really did finally believe in the company. Why I do is very unimportant. But here is the only reason to buy or sell a stock. You buy a stock which you believe (not someone else's belief) it is not yet fully valued. And, you sell when you believe it has reached its full valuation. This precludes selling just because it has made you $50,000 and it precludes you selling because it is falling through the floor. It is certainly not going out of business tomorrow or anytime in the foreseeable future. It is better positioned now than at any time in the 7 years I have owned it. (These are my opinions, don't mistake them for yours) It is indeed very difficult to ignore the "I made a bundle today" and "I may lose all my profits tomorrow". Still, that is market timing. It has nothing to do with valuations. I am in a stable position now because I have recovered my investment and then some. Still overall it is not a very good annualized return over 7 years. I was so tempted to dump that I did sell a bunch at 14. Then I turned off CNBC last Monday and bought it all back, again at 14. The Motley fool has a good story on Monday's sell off. It helped me regain my sanity I know. Maybe you ought to read it. Do you have confidence that if you just bought this stock at $18 it might be """ ONLY """ $35 three years from now ??? Heck that's about 25 % per year. I'd take that.... fer sure. Regards, Rocky