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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: mike.com who wrote (7093)	4/22/1999 7:17:00 PM
From: Boddington	Read Replies (1) \| Respond to of 52051

RRRR anyone ? UP 66% to $20. I was lucky to get in at $15... advice for tomorrow please? Thanks.

To: mike.com who wrote (7093)	4/22/1999 8:03:00 PM
From: hoffy	Read Replies (1) \| Respond to of 52051

IATV- I agree Mike. I think a lot of the long term investors are getting a little worried of the recent sell-off and are cashing in on their profits. I'm sure many investors or traders are waiting for it to settle out before they get back in. I know on the first sign that the stock has leveled off I am going to increase my position. But like everyone else, I want to wait and see. If it does turn around, before I can buy, I am not going to be too upset because I still own a heck of a lot of shares. You're right in that there is no reason for the sell-off except for it ran up too quick. Day traders make money buying as the stock goes up and shorting as it comes down. In the long term this is still an excellent investment.

To: mike.com who wrote (7093)	4/22/1999 11:16:00 PM
From: Stock Watcher	Read Replies (1) \| Respond to of 52051

mike; on IATV; (IMO) the stock is doing exactly what it's supposed to do; we've seen the 'typical' 50% retracement to $12.50, and now the stock is poised to create a firm base at these levels. Let's remember the history and prior patterns of IATV; if you look back over the last three months, this stock does not go straight up. It keeps forming it's base of support slowly, but once it's base is firmed-up, the stock usually doesn't retrace more than 15%. So, we may see $10.00 before we see $20.00, but, it really doesn't matter if you're in IATV for the long haul. The stock is still up 160% since Feb. 99', and it's important for all investors to keep the current (deflated ?)price in perspective. Its closing price today @ approx. $12.50 is only disappointing for those who bought at higher levels. To these new investors I would say, please keep in mind that if the stock was at $5 just three months ago, where do you think it will be three months from now (assuming the support level remains at $12.50) ? If the history of this stock is any indicator at all, and if the chart is to be believed as a valid method of technical analysis, then IATV should be priced between $30 -$35 per share by the end of July 99'(IMO). Patience, my friends, this one is worth it...best regards, sw