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

To: art slott who wrote (4015)	5/21/1999 12:17:00 AM
From: art slott	Read Replies (1) \| Respond to of 13157

>''The attendees at the showcase expressed enthusiasm about bringing interactive TV applications to subscribers,'' said Paul Dawes, vice president of business development at NCI. ''Scientific-Atlanta's Explorer 2000 is a premier example of an interactive set-top box for the North American market.< biz.yahoo.com Actv was there.

To: art slott who wrote (4015)	5/21/1999 3:03:00 AM
From: Stealhead	Respond to of 13157

Art - What are doing? If he wants to sell his 200 share let him... ACTV is clearly the wrong company for StaggerLee to be invested in, and we don't need him feeding the shorts with his bullshit. StaggerLee - has it occurred to you that maybe - well more than likely some CPA types, say from AT&T/Liberty that have a little more insight/experience in these matters have done the numbers for no other reason than they were told to do it before, well for instance before Liberty increased their investment in the company? Come on man, remember audit and tax all that crap you listened to for four years... So do think Armstrong and Malone are philanthropists? Wake up. SH Fredericks - same goes for you.

To: art slott who wrote (4015)	5/21/1999 3:20:00 AM
From: StaggerLee	Read Replies (1) \| Respond to of 13157

>>Btw why are the options at the money? Companies also use in the money options particularly on volatile stocks. ACTV's are all at-the-money or out-of-the-money, cheerleader boy, presumably so they don't have to record compensation expense in accordance with FAS 123 (but I know that's way over your head). If you can't understand the proxy that you approved, politely ask someone before you automatically defend these guys as though you were, you know, clueless. Appendix B, 4(b): "A stock option represents a right to purchase a specified number of Shares ...at a price which is no less than 100% of the per share price specified in 2(c)." Appendix B, 2(c): "All awards denominated or made in Shares shall use as the per share price the last sale price of a share of the Common Stock of the Company as reported by the principal exchange..." Clear enough for you, Art? These guys sent you a proxy suggesting they were authorizing options, which would have brought in $24 million to the company if they were issued and exercised above $16. Next thing you know you've approved a $24 million dollar share package for management which could theoretically bring in ZERO to the company. You can't defend that, Art. It's indefensible. It's a terrible, awful mistake, and I don't think the impact has set in on shareholders yet. $24 million is about $.73 a share that we (well, you) may never see as a result of this Plan. That's TEN TIMES the book value of this company, straight into management's pockets. You've given them complete authority to do just that. Give me a freaking break!