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

To: jmanvegas who wrote (4427)	6/2/1999 11:54:00 AM
From: The Atheist	Read Replies (1) \| Respond to of 13157

Bridge Tech. You can find the rapport on www.bridgenyc.com

To: jmanvegas who wrote (4427)	6/2/1999 12:02:00 PM
From: The Atheist	Read Replies (1) \| Respond to of 13157

I have a copy of a 3 pg rapport from Soundview. "We are initiating coverage of ACTV with a buy rating. The company's Individualized TV and HyperTv techonologies could enable compelling and pervasive applications in interactivity and convergence with significant commercial potetial. During the next 12 months, both ITV (interactive TV) and HyperTV should be commercialized and start to drive revenue growth. Longer-term, the growing acceptance of interactive TV and TV/Internet convergence should create several growth oppertunitues for ACTV. The stock has gone up 300% yar to date because of Liberty Media's (100% owned by ATT) increasing interest and investment in ACTV, but we believe the current stock price is far from fully reflecting the potential of ACTV's technologies, programming, and distribution relationships. We set a 12-month price target of $ 25." In the end of the rapport they go: "Based on the above considerations, we believe ACTV has the potential of becomming a mulit-billion market cap company during the next few years. Based on the prospects of immediate opportunities and teh long-term potential of ITV and HyperTV, we would conservatively put ACTV's valuation at 1 Billion, with siginificant upside potential."