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


To: Sir Auric Goldfinger who wrote (606)7/26/1998 7:13:00 AM
From: Me-myself-I  Respond to of 3015
 
Ok guys here we go... never saw me here before, right? Well I have never been here before. Take a look at my previous posts at SI and you will see that they are only with stocks trading in pennies. So what am I doing here?
Well I work in a Casino, and I had this player at my roulette table last night... he wins pretty big and offers me a nice tip, unfortunatly our casino policy is no tipping, (they pay us astronomic amount to compensate) any how I tell the guy thanx, but I cannot accept, however if you've got a good stock tip for me I'm ready to listen. His buddy behind him says it's risky but the co. that he is working for is presently finalising a takeover by MSFT. It's not a done deal, but it looks damn good. So what Co. I ask, "source media".
A bit to rich for blood but take this as you may, I don't know the guy from the next but these guys won a load of doe at my table and the tip they offered me originally was generous. Good luck to you all I'll be watching.



To: Sir Auric Goldfinger who wrote (606)7/26/1998 7:47:00 AM
From: You Are All Wrong  Read Replies (1) | Respond to of 3015
 
All of this IMHO.

First, anybody who shorts a potential takeover candidate, no matter how doubtful they think it may be, is an idiot. It's not smart investing. It's not even smart speculation. There are just too many better deals out there now.

Second, this controversy is about two things - patents and access. A patent can have multiple values for a business. I have no doubt that if MSFT developed a product using portions of SRCM patents, that they could eventually win a court case vs. SRCM over patent infringement. However this would cost them a commodity they don't have to spare - time.

As for access - internet access alone will not cut it. This leaves out the majority of the population now and for the foreseeable future. TV on the other hand hits just about everybody. These patents will help to speed the way for access to the TV - not with an internet connection - but with content, and interactive transactions. MSFT would want this for the same reason they want access through ATM machines - control of more transactions and consumer access to information. Get over the internet - it isn't the end all be all.

Third, the management of SRCM is not committing fraud. As a result of the action in the stock over the past two weeks, this company will be watched closely by the SEC. These are honest people, doing their jobs just like you and me. They aren't follish enough to risk prison terms for the sake of a few options.

Fourth, who says the buyer has to be MSFT.

Fifth, people who invest on the basis of anything on these boards are stupid.

Again all of this IMHO



To: Sir Auric Goldfinger who wrote (606)7/26/1998 12:08:00 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 3015
 
Auric, that was not nice, I know what they say. What I said, was that unless, you can prove that is their sole intention and in fact they are responsible, then it is Libel. Not that they don't exist ie. the options...



To: Sir Auric Goldfinger who wrote (606)7/26/1998 8:29:00 PM
From: Steven M. Kaplan  Read Replies (1) | Respond to of 3015
 
>> NO OTHER COMPANY HAS THIS TYPE OF OPTION PLAN, PERIOD<<

Just curious. have you read the 10K and 14K of EVERY SINGLE COMPANY THAT IS PUBLIC? If you have, I applaud your due diligence. If not, how can you make the statement that you made?

Steve



To: Sir Auric Goldfinger who wrote (606)7/27/1998 11:21:00 PM
From: Don Pueblo  Read Replies (1) | Respond to of 3015
 
Recent speculation that Source Media Inc. was a takeover target of
Internet companies including Yahoo!, America Online and At Home were
dismissed as the work of unnamed stock promoters by the New York
Post. Source Media's (SRCM) patents cover "clumsy, low-bandwidth
ways to use a phone key pad to interact with cable services and the
Internet," the report said. The reason for the speculation, the Post
continued, was to boost Source's share price to a level to trigger warrant
holders into buying $25 million in stock. Shares fell 3 3/4 to 21 1/4.

cbs.marketwatch.com