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Technology Stocks : Source Media SRCM

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To: KOVICH who wrote (129)6/7/1998 10:36:00 AM
From: Ellis Rudman  Read Replies (2) of 3015
 
In reality, although the managment of this company may leave a great deal to be desire, SRCM owns the rights to software applications in cable communications that everyone else wants and that some are using without paying royalties. Understand that SRCM is currently in the process of suing and/or settling with a number of co's. that have done exactly that.

Wouldn't be the lease bit surprised if this YAHOO story is true - (my inside sources tell me they are). Question is just how high are they willing to go and is management clever enough to let it go. Personally, as a shareholder, would prefer to see the company sold. I think they have a long, long way to go before the company generates any serious revenues, shareholder value.

Ellis Rudman
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