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Technology Stocks : Source Media SRCM
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To: Pluvia who wrote (1545)11/11/1998 5:05:00 PM
From: MW  Read Replies (1) of 3015
 
Ok stevie boy;

<<<To: MW (1544 )
From: Pluvia Tuesday, Nov 10 1998 7:33PM ET
Reply # of 1554

MW,

concerning the loss of customers, read the 8k last year describing the purchase of Brite & VNN. The revenue numbers produced by both companies are included in the financials which are included in that 8k.

I have talked to the customers who left SRCM, I have been provided specifics of amounts of revenue that each customer produced. When subtracting that revenue from the total revenue of the Brite & VNN combined entities (total revenue taken from 8K) it is clear SRCM lost more than 50% of the total revenue produced by Brite & VNN.

Since combined Brite and VNN cost SRCM $44.6 million, 1/2 of that amount would be $22.3 million. Thus we can assume SRCM blew over $22.3 million due to the customers that left.>>>>


" it is clear SRCM lost more than 50% of the total revenue produced by Brite & VNN. Since combined Brite and VNN cost SRCM $44.6 million, 1/2 of that amount would be $22.3 million. Thus we can assume SRCM blew over $22.3 million due to the customers that left."

stevieboy, this was less than 24 hours ago. Cover your position man, you're losing it . I am seriously concerned. It's not funny anymore, I feel like I'm picking on a defenseless animal here. I think you're too emotionally involved with the stock and i fear the price is going higher, lighten up.

Regards;
MW
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