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

To: Pluvia who wrote (432)	7/18/1998 8:22:00 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 3015

Steve, you have been busy today, I went to six Flags with my family and got returned a few moments ago when I started Posting. I must say your zeal is impressive. If nothing else, I like your dedication, have you ever been so fervently involved with any other stocks in a positive light? If so I'd be curious to know what you do Like? besides GE or MSFT or any of the Obvious...

To: Pluvia who wrote (432)	7/18/1998 8:37:00 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 3015

Pluvia, from DeSource on Yahoo, Never have I seen a person put so much time and effort into analyzing a company. PLuvia... do you have a day job ? Pluvia is a geat detective making assumption after assumption based upon filings and other public disclosures. I must admit they are true in many respects. Of course, one can slant a situation anyway one prefers by simply stating those details necessary to make a point and by omitting other details that do not "fit". I guess they can be called "half truths". The basis for this thought is his repeated comment of sales of common stock by insiders. I asked my neighbor, a successful professional money manager regarding this. He said that any money manager (these are the insiders that sold... not management) who has made such a huge profit on his investment (15-16X times their investment)would not be prudent if he didn't take any "profits/money" off the table, regardless of potential upside. He said that this investment probably represented a significant portion of the total portfolio after the run up in the stock. Managers are not allowed to have more than a few percent of their investment in any one stock or company. I read somewhere that these original investors still have a significant option investment in this company that are deep in-the-money. Is this true Pluvia.. or did you forget to mention that ? He also made referneces to hyping the stock. My neighbor said that it does no good for management to hype a stock to get options and then watch it fall down after all the hype is gone. Those options would be worthless and management would be no further ahead. He said it makes more sense to for them to hype the stock, exercise the options and then sell the company. That way they can exercise their options and walk away wealthy. I thought that statement was interesting. Nonetheless what perplexes me the most that Pluvia has never made reference to contacting anyone at the company with respects to this allegations. Why make assumptions when you may be able to get answers from management or their technical people ? If Pluvia things that SRCM management is a bunch of liars, then why hasn't he contacted professionals in the industry to validate these assumptions ? Or patent attorney's ? I imagine that the cable TV trade magazines must be loaded with potential industry contacts who understand the politics, technologies and strategies in the cable/TV industry. I am not saying Pluvia is right or wrong.. but simpy saying it takes more then analyzing 10Ks and 10Qs to be a good analyst. I can hardly imagine any good would write a report without first interviewing the CEO, COO and CFO of a company. In technology, history is a poor indicator of future expectations. The potential resources to understand SRCM are endless.....using EDGAR is simply one of many tools. Pluvia clealry has enough time....(he is on line about 15 hours a day) I hope he simply goes beyond EDGAR and tells us what people in the industry know or think ? I would clearly appreciate much more than "assumptions" from a 10Q/10K analyst. After all, I am sure he wants us all to be simply astonished by his discoveries... right ? Pluvia.....would you do us that favor ? I would simply love to read your material and say "WOW" !