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.

The Daily


Short Takes

Commentary by Steve Effros There was a fleeting moment when I thought that maybe I could cut down on the number of columns I write each month as we approach the new year. What the heck, so many of the issues I

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