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Technology Stocks : Source Media SRCM -- Ignore unavailable to you. Want to Upgrade?


To: Al's Fun who wrote (2606)6/7/1999 9:55:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 3015
 
most start-up companies have debt and that is why sales have to be made to make a profit and pay the debts down.....

Too bad for SRCM they couldn't go that route and had to resort to trying to pick the pockets of their own shareholders. But I'm sure they're grateful for your efforts to assist them in lining up volunteers.



To: Al's Fun who wrote (2606)6/7/1999 10:36:00 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 3015
 
What sales have been made? What product have they sold and made money?, say Al, got some stock to sell high? Debts are made to be paid or go bankrupt.....What IF there is NO DEAL? then what? back to $6.00 and Much lower?

Source Media Inc. (SRCM): The provider
of interactive technology and
programming said Chairman Timothy
Peters and President John J. Reed
resigned their positions, though they
will serve as consultants. Chief
Executive Stephen Palley will assume
the responsibilities of chairman and
president. Source Media rose 5/16 to 17
5/8.

so now one guy is chairman and President? perhaps a new twist will stir interest?

I'd be most surprised if any deal or anything else came true...

I have no position in this issue...I just know their history and it seems that If, I guess right, next week will be the fall of SRCM as options roll around...imo

cheers

100Million reasons not be long...and again, what is their "product" and what have they sold?

cheers