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

To: Pluvia who wrote (330)	7/16/1998 3:07:00 PM
From: playah	Respond to of 3015

while the products themselves may not have been a hit, and while the company may not be able to sell a thing, its the patents that matter. From what I've heard, they are so broadly worded that even Pay-per-view services may be in violation of them. These patents are the roadblocks to other attempts to utilize cable for Internet delivery. SRCM may not be able to afford to sue those in violation of the patents, but you can bet MSFT can afford to...if they own them.

To: Pluvia who wrote (330)	7/16/1998 3:15:00 PM
From: mudweasel	Respond to of 3015

pluvia- sorry. didn't see the 2nd and 3rd parts. yeah, the frame grabber is not a good technology. w/ regard to the games, frame grabber can't do video at all. the games that have been available have flopped and were truly awful. gender wars was felt to be "personally offensive" (this is a direct quote) by source's own ir woman. also note it can't store or scroll e-mail or web pages. this means no cache for a "back" command. nice to see someone really do their homework. keep in touch.

To: Pluvia who wrote (330)	7/16/1998 3:39:00 PM
From: Moneysmith	Respond to of 3015

Thanks for your opinions but why are you being so nice? If you are no longer in this thing as I believe, why are you telling everybody that its basically a crock?? Thanks for the concern and your research is impressive. Are you short or would you be short??

To: Pluvia who wrote (330)	7/16/1998 3:39:00 PM
From: Carl Yee	Read Replies (1) \| Respond to of 3015

Pluvia, Haven't seen you on a thread for awhile. You did some good work in past, and I know good homework as a Prof. <G> Like you, this seems like a pump 'n dump play. Sort of a PNDA-type stock. Ah, that was a wonderful short. Stock is now flirting with going below todays opening. Friday should be a real test as mo-mo and day traders bail so as to not be vulnerable over the weekend.

To: Pluvia who wrote (330)	7/16/1998 9:40:00 PM
From: Secret_Agent_Man	Read Replies (3) \| Respond to of 3015

Hey Pluvia stock_moper Jul 16 1998 8:47PM EDT Since when is due diligence going back and reading/rehashing old posts? The scary thing about the internet is that hacks like you, posing as a technical analyst, can actually get an audience. How about we fill in a few details that you did not mention in your disertation - 1) The insider shares sold in May were by an early investor of SRCM that bought into the company under $1 per share and wanted(needed) to diversify holdings. Supposedly, a major position in SRCM is still held by this venture capital group. 2) Who cares about a long gone CFO and the fact he sold his shares - maybe he got fired and needed the money. You are a liar when you say that you know people at SRCM and that the CFO was their pope. If you knew people at SRCM you would not base your facts and "due diligence" on old posts from well known shorts. 3) The Colorado trial run was based on old, analog SRCM technology and cable boxes. Completely different from how SRCM technology will be implemented today on next generation cable boxes. Much was learned by SRCM, and all participants, in the Colorado beta system; that was its real purpose. 4) As proof of SRCM technology not being viable, you refer readers to a post written by a short that later admitted his lack of intimate understanding, and to the breadth, of SRCM patents. As an engineer, focused on digital imaging technology, I believe SRCM's patents, if enforceable, are worth billions; and are more far reaching than TV internet. Also, your comments about email and lack of keyboards are ludicrous; demonstrating your lack of technical knowledge or insite. Fact of the matter is takeover rumors were circulating in early June and nothing occured. Something happened this week to fuel the stock and a false rumor generated by SRCM, or its financial allies, would not have done it (institutional investors would not bite on that). I believe a leak came through one of the companies looking to acquire SRCM; that would convince Wall Street. All of the floating stock has now churned over at these appreciated levels. Where there is this much smoke there is fire! Pluvia, I suggest you read some of the Tuesday posts from your short friends that got blindsided this week. You are playing with fire and will get burned. So all take heed and stay poised yet cautious....... r1