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Technology Stocks : Source Media SRCM
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To: Sir Auric Goldfinger who wrote (606)7/27/1998 11:21:00 PM
From: Don Pueblo  Read Replies (1) of 3015
 
Recent speculation that Source Media Inc. was a takeover target of
Internet companies including Yahoo!, America Online and At Home were
dismissed as the work of unnamed stock promoters by the New York
Post. Source Media's (SRCM) patents cover "clumsy, low-bandwidth
ways to use a phone key pad to interact with cable services and the
Internet," the report said. The reason for the speculation, the Post
continued, was to boost Source's share price to a level to trigger warrant
holders into buying $25 million in stock. Shares fell 3 3/4 to 21 1/4.

cbs.marketwatch.com
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