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


To: RJC who wrote (100)5/8/1998 2:23:00 PM
From: Smilodon  Respond to of 3015
 
Nice to see you post on the thread again RJC.

Your earlier post on Source prompted me to do more detailed work on the short side. I was already familiar with the company and their history of misrepresentation. Right now, this is my favorite short position. Although it will take a few years, I think the stock goes to zero given their incredible debt burden and negative cash flow.

I posted a full SRCM short case a little while ago, and would love to hear any comments you might have.

Also, while I hope to do well shorting this stock, I hope those on this thread with long positions are able to get out without too much damage. In that regard, your skeptical views are most appreciated.

Regards,

Archer



To: RJC who wrote (100)5/12/1998 10:01:00 AM
From: Anthony Marchese  Read Replies (1) | Respond to of 3015
 
You seem to have very select vision when it comes to the article in the Multichannel News. Is it perhaps because you are short the stock? You might want to point out that the same article also says that "Other carriage agreements are expected shortly, Interactive Channel executives said." Recent conversations with the company suggest to me that business prospects could not be better. Perhaps people should speak to the company executives directly rather than rely on bits and pieces taken out of context of a very long story.