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Technology Stocks : Source Media SRCM

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To: MW who wrote (2355)	4/21/1999 4:49:00 PM
From: Kevin Podsiadlik	Read Replies (1) of 3015

I have lots to say (but then that goes without saying) but I have other things to do, so I'll close with this: I said the local advertising had nothing to do with the JV and it doesn't. The local ads are going to be the business of the "old" srcm or whats left after SRCM contributes the intellectual property for the Interactive Channel and the Virtual Modem to the JV. So, absolutely no local advertising involved the JV, that's your story and you're sticking to it. Got it. So now let's turn to SRCM's February 12 PR, from which I quote "Source Media will provide system specific, locally focused content to the joint venture including but not limited to local advertising, yellow pages, classified advertising, local news and sports information." Hmm. I guess this means only a dimwit would believe anything in SRCM's press releases.

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