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Technology Stocks : Source Media SRCM

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To: Razorbak who wrote (2848)11/6/1999 2:47:00 PM
From: Harley Davidson  Read Replies (1) of 3015
 
I came here to find out why SRCM is up and I get a pissing contest and a link to the prior earnings report...... sht. They IPO'd... borrowed 100 million then sunk the cash in development of some technology whose future economic benefit was questioned to the point of slashing its book value by 2/3. They're 100 million in debt. They don't have enough cash to make it to the next interest payment and its on the move.....
Well it damn sure ain't the last earnings report because it sucked.
If anyone has some information other than the fact that the earnings are due out on the 14th It would sure raise my opinion of SI right now....

Thanks,
BuddyR (WSS)
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