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


To: Pluvia who wrote (764)7/30/1998 10:31:00 PM
From: Street Walker  Respond to of 3015
 
PLUVIA COVERED HIS SHORTS

You're smart. You covered just in time.

I extend to you a hand of fellowship
that SRCM is going higher and not
lower for the meantime :)

After the demos, I'll decide if I will
maintain my long position, of which I have
added too, or go short. But until then,
lets have some fun and ride it up as high
as possible - WE AGREE TO AGREE. Short
when it gets extremely high. But for now,
its time to go LONG.

Regards,
S.W.



To: Pluvia who wrote (764)7/30/1998 11:09:00 PM
From: Harpo  Respond to of 3015
 
I haven't seen much about the press release yesterday about the shareholders approving the release of 575k additional shares of preferred stock. Do you know the details of this and if warrants will be offered along with the shares as they have in past offerings? I presume this preferred stock deal is in addition to the shares of common stock registered for sale also. I guess they need the additional cash to stay operational. Do you know how much they hope to raise?
Thanks,
bb