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Technology Stocks : Source Media SRCM

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To: MW who wrote (505)	7/20/1998 10:55:00 PM
From: Pluvia	Read Replies (2) of 3015

QUESTION: Worldgate is defending their lawsuit vs SRCM - trying to void SRCM's patent. From the quote noted in the TheStreet.com story - it does not sound like they are close to a settlement - sounds more like they fight SRCM to void their patent. Now, why would MSFT buy SRCM for their "super dooper patents" if there is a real chance WorldGate will void the "super dooper patents" with their lawsuit? Heck SRCM has no market ready product/service for any type of internet cable service, thus SRCM would be of ZERO value to MSFT except for their patents. The entire BULL reasoning behind a buyout is HUGELY flawed. There is just no logical reason for a buyout, except... One... Spreading the rumor of a buyout to keep the stock price above 20 for 20 days to exercise the warrants... Heck that's like... 25.85 million reasons for SRCM to fuel this ridiculous buyout rumor...

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