Sportsline (SPLN) Message Board

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Technology Stocks : Sportsline (SPLN)

SPLN 2.000

0.0%

Jan 21 4:00 PM EST

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To: James Fulop who wrote (620)	3/24/1999 7:14:00 AM
From: Sleeper	Read Replies (1) of 858

I don't think it's as much the "blood on the streets" scenario as it is the subordinated debentures weighting down the price. I'm not the only one who thinks this: Morning Report Wed Mar 24 Hot & Not: ISDEX Loses Some Ground But Still Some Sizzle By Steve Harmon Senior Investment Analyst Internet.com "Where Wall Street Meets The Web" 99.03.19 - Sportsline (NASDAQ:SPLN - news) looks like it's cashing up for battles ahead with a $150 million worth of 5% convertible subordinated notes due April 1, 2006. The notes convert to SPLN common at $65.125 Once this drag on stock price gets factored in, the potential for acquisitions that help SPLN's bottom line becomes obvious, and the net effect should be very positive. IMO. Sleeper

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