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

To: Mike Fredericks who wrote (3664)	5/16/1999 4:25:00 PM
From: JackSkip	Read Replies (3) \| Respond to of 13157

Mike, I do not recall Art saying that he was voting yes on Proposal #2, and I am quite sure that Art will do what he believes is best for the company and the stock holders. The point is that StaggerLee has never had one positive thing to say about ACTV management, and it is obvious that he does not know any thing about our technology. I am presuming that we can all read, and have made our own decisions on Proposal #2, and have voted with good conscience. The net-net is that Stag is an short sighted moron, with the vision of worm. Jack

To: Mike Fredericks who wrote (3664)	5/16/1999 10:37:00 PM
From: Jeff Carroll	Respond to of 13157

Nobody seems to be responding to the meat of your question, Mike I believe I speak for several when I say that I would like to see an explanation of this compensation package that does not include its being a hindrance on the appreciation of the perceived value of the stock. If the compensation plan works as it appears to per your explanation, then institutions would realize that the stock was "running with ankle weights" and would value it accordingly less in terms of its appreciation potential. Bill is a smart guy, he's gotten us this far, he wouldn't really limit the potential of the company that way would he? Are there alternate explanations? Given some "probable scenarios" for IA's future growth, which way would Bill S. make more money, with this compensation package or with a more traditional one? The question may really be: Does this stock still have the chance for 2x, 3x, 10x from here in 1-2 yrs or does this compensation package (if passed) limit us to 1.5x, waiting for solid earnings, or something worse? What if we get bought out a month after the stockholders meeting - is this just Bills way of making sure he gets his for all the visionary work he's done? If this is the reason (and it's pretty farfetched) then I'd say "good work Bill and enjoy that bonus since you got us bought at 63.5" (or better I hope) Wish I had more answers than questions, Jeff