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

To: MW who wrote (2699)	6/23/1999 1:43:00 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 3015

By the way, its IPG, Interactive Program Guide, and it is what it says...Interactive. Whoop de doo. So is my microwave oven. Talk about not seeing the forrest for the trees. I guess this means I need to remind you of that CC yet again. The TVG presenter could not name one detail regarding the nature of the product the JV was supposed to produce. But he was right there with the nine-digit figure (now eight-digit, bordering on seven) by which TVG was ahead, on paper, based on the implied value of those warrants. So tell me again what facet of the deal has TV Guide's interest? Someday you will come to understand that this 900 lb gorilla needs to get "invited" to play Better look up the punchline of that old joke. Hint: it isn't "anywhere it's invited". Let's make it really, really simple: What exactly can SRCM provide TV Guide that MSFT cannot provide, much better? And where is SRCM going to get the money to press its legal battle with WGAT, if the TV Guide deal doesn't come off? Will it take six more months of "patience, patience" before another deal can be executed? I don't think the bondholders have that much patience.