To: art slott who wrote (4347 ) 5/30/1999 11:31:00 PM From: Champolion Respond to of 13157
I already explained this story... Ask Mike Fredericks, Arthur. >This behavior leads me to think that AT&T/Liberty are not yet ready to bet their empire on ACTV's technology. I'm sure you noticed they also invested in a number of ACTV's competitors. I think they will continue that way until the market picks its winner. Then, they will go with that winner.< The only interactive tv company T own shs in is INNN and that was before there investment in Actv. And they are not a competitor. And they're not even listed. Liberty has only invested in Actv. AT HOME CORP filed this 10-K405 on 02/19/1999 3. BUSINESS COMBINATIONS The Company completed acquisitions of Full Force and Narrative in November and December 1998, respectively. These acquisitions were each accounted for as a purchase. Narrative is a provider of advertising solutions for the Internet. The purchase consideration was approximately $93,800,000, comprising the issuance of 1,205,333 shares of the Company's Series A common stock with an aggregate fair value of approximately $84,212,000, the assumption of options to purchase 141,273 shares of the Company's Series A common stock with an aggregate fair value of approximately $9,169,000, and $419,000 of acquisition costs. Full Force is a developer of set-top applications for interactive television. The purchase consideration was approximately $1,672,000, comprising of the issuance of 38,190 shares of the Company's Series A common stock with an aggregate fair value of approximately $1,572,000 and $100,000 of acquisition costs. TELE COMMUNICATIONS INC /CO/ filed this 10-K on 03/31/1995 Technology/Venture Capital The Company is an investor in companies and joint ventures involved in developing and providing programming for new television and telecommunications technologies. Current investments and technologies under development include interactive and set-top box technology, entertainment software and other services for wireline and wireless switched broadband interactive networks. The Company has formed a joint venture with Sega of America and Time Warner Entertainment Company, L.P. to develop and market the first video game channel, called "The Sega Channel." More recently, the Company has made investments in TSX Corporation, a producer of communications equipment, and Interactive Network, Inc., a developer of interactive television programming systems. The Company also has an investment in Acclaim Entertainment, Inc. ("Acclaim") and has formed a joint venture with Acclaim to develop, acquire and distribute games and other interactive entertainment software over various telecommunications networks.