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Technology Stocks : Source Media SRCM

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To: purecntry5 who wrote (231)7/14/1998 4:23:00 PM
From: lightfoot  Read Replies (1) of 3015
 
I will be watching tomorrow to see what happens. I'm just preserving capital, there is always another trade. If no deal is announced the warrants go back to $5 and the stock drops to $20 or less. Tomorrow will be interesting, I'm not sure why DJ would report offers of $45 for the company and then trading is halted because the company would not respond to its calls. Some very high level discussion going on somewhere about the way this was handled. If the SRCM management doesn't sell out they will probably have a lawsuit on their hands.
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