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


To: Champolion who wrote (4091)5/23/1999 7:29:00 PM
From: jmanvegas  Read Replies (1) | Respond to of 13157
 
If it reaches $12/share then you'll be right in waiting to buy in at better prices. The question is will it ever see $12 again. I don't know the answer to that and neither does anyone else. But the reality is that the price is where it is now, 15 9/16, and what happens from now looked out over 1 year and I see IATV at least test its old highs of $25. Now that's approximately a 65% return on your money if you bet long now versus risking approximately 20% on the downside if the price does reach $12. From a classical sense of investing the potential return is much greater than the potential loss. Therefore, I opt not to miss out at this time waiting for $12 to occur. Technicals still look very good - no breakdown as of yet. The bet is on - that's all anyone of us can do.

jmanvegas