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

To: Sir Auric Goldfinger who wrote (2745)	7/30/1999 2:53:00 PM
From: Smilodon	Read Replies (1) \| Respond to of 3015

SRCM put on downgrade review by Moody's. Looking to downgrade from really bad junk bonds, to toilet paper.

To: Sir Auric Goldfinger who wrote (2745)	7/30/1999 2:58:00 PM
From: lindend	Respond to of 3015

CC replay at 1-800-274-8006.

To: Sir Auric Goldfinger who wrote (2745)	7/30/1999 5:39:00 PM
From: Q.	Read Replies (3) \| Respond to of 3015

Source Media Responds to Allegations by TV Guide DALLAS, July 30 /PRNewswire/ -- Source Media, Inc. (Nasdaq: SRCM - news) today responded to allegations made in a July 29, 1999 press release by TV Guide Inc. In the press release, TV Guide alleged, among other things, that Source Media did not negotiate in good faith and breached the exclusivity provisions of its February 11, 1999 letter of intent with TV Guide. Source Media has at all times acted in good faith in its negotiations with TV Guide. Senior executives at TV Guide, however, have continuously disclosed to the media and others confidential non-public information regarding Source Media obtained in the course of their due diligence in violation of a Non-Disclosure Agreement with Source Media, as well as other erroneous information about Source Media which has proved very damaging to Source Media and its stockholders. Source Media is a leader in localized new media content, advertising and technology. Source Media's interactive agency, IT Network, Inc., provides streaming media content and advertising services over PC, telephone and digital cable TV. Source Media's Interactive Channel, Inc. is the localized interactive cable TV programming service designed for today's digital cable TV programming tiers. Source Media's VirtualModem(TM) division develops the intellectual property, software, and patents behind the Company's interactive cable TV technology, which includes Internet on TV. For up-to-date information about Source Media, please access its Internet home page at sourcemedia.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements that are not historical facts, including statements about confidence and strategies and plans and expectations about new and existing products, services, technologies and opportunities, industry growth, demand, and acceptance of new and existing products, and returns on investments in products and markets are forward-looking statements that involve risks and uncertainties that could significantly impact the company. SOURCE: Source Media, Inc. biz.yahoo.com