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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL
OWNERSHIP OF SECURITIES
FORM 3
Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
Elliott Associates, L.P.
712 Fifth Avenue
New York, NY 10019
2. Date of Event Requiring Statement (Month/Day/Year)
11/13/98
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker Trading Symbol
ACTV, Inc. (IATV)
5. Relationship of Reporting Person to Issuer (Check all applicable)
Director
Officer (give title below)
X 10% Owner
Other (specify below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (check applicable line)
X Form filed by one Reporting Person
Form filed by more than one Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)
Common Stock, par value $0.10
(Page 1 of 3)<PAGE>
2. Amount of Securities Beneficially Owned (Instr. 4)
830,189
3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)
D
4. Nature of Indirect Beneficial Ownership (Instr. 5)
N/A
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
Table II - Derivative Securities Beneficially Owned (e.g. puts,
calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)
a) Common Stock Purchase Warrant
b) Common Stock Purchase Warrant
c) Common Stock Purchase Warrant
d) Series B 10% Convertible Preferred Stock
2. Date Exercisable and Expiration Date (Month/Day/Year)
a) Exercisable: Currently
Expires: 11/13/01
b) Exercisable: Currently
Expires: 1/29/01
c) Exercisable: Currently
Expires: 3/31/01
d) Exercisable: 11/13/99
Expires: 11/13/08
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
a) 664,329 shares of Common Stock
b) 91,534 shares of Common Stock
c) 81,421 shares of Common Stock
d) 858,614 shares of Common Stock
4. Conversion or Exercise Price of Derivative Security
a) $2.00 per share
b) $1.71 per share
c) $1.59 per share
d) $2.00 per $1,000 Liquidation Preference
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
a) D
b) D
c) D
d) D
(Page 2 of 3)<PAGE>
6. Nature of Indirect Beneficial Ownership (Instr. 5)
N/A
** Intentional misstatement or omissions of facts constitute Federal
Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
ELLIOTT ASSOCIATES, L.P.
/s/ Paul E. Singer 11/19/98
**Signature of Reporting Person Date
Paul E. Singer, General Partner
(Page 3 of 3)
