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


To: CMon who wrote (240)7/14/1998 5:18:00 PM
From: Blitz  Respond to of 3015
 
This is what I am going on...
IMO MSFT is taking it!

NEW YORK (Dow Jones)--Shares of Source Media Inc. (SRCM) were up 50% on rumors of a bidding war for the company and unconfirmed market talk that America Online Inc. (AOL) or Microsoft Corp. (MSFT) have emerged as the top bidders, traders said.

One market source said he heard that Yahoo! Inc. (YHOO) and Excite Inc. (XCIT) had been outbid in their own plays for Source Media, which develops software that allows people to surf the World Wide Web on a television set without a cable modem.

Goodnight to all!



To: CMon who wrote (240)7/14/1998 5:40:00 PM
From: Moneysmith  Read Replies (1) | Respond to of 3015
 
A Dow Jones story about a rumour is not a reliable source.