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BY BRIAN SANTO, KAGAN
Interactive TV may have fallen out of favor in the cable industry, but it's taken an even greater hit on Wall Street. The remaining ITV players are on the rebound in 2003, but a look back at the pre-bubble valuations for the sector provides perspective at the severity of the tumble. A group of seven ITV specialists (of which only four remain, including WorldGate) posted a combined market cap of more than $74.4 bil. at their all-time highs in late 1999 and early 2000. As of Sept. 17, the quartet combined for a market value of just over $3 bil.
ITV STOCK DECLINES
|
Decline from all-time high* |
| ACTV |
n/a |
| Gemstar-TV Guide |
-95% |
| Liberate |
-97% |
| OpenTV |
-96% |
| Source Media |
n/a |
| Wink |
n/a |
| WorldGate |
-99% |
| Combined |
-96% |
| * AS OF 9/17 CLOSE. N/A = NOT APPLICABLE/NO LONGER PUBLICLY TRADED |
| SOURCE: KAGAN WORLD MEDIA |
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