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

To: Smilodon who wrote (782)	8/4/1998 1:52:00 PM
From: mudweasel	Respond to of 3015

archer- yes. IMHO it looks like the results are going to be pretty bad. the telephone biz IS in decline , and i don't believe that source is maintaining market share. customers with whom i have spoken have expressed displeasure with the service quality and pricing of source, and keep in mind they have needed to make acquisitions to buy back lost business in the past. cash flow is likely to be pretty ugly, and absolute cash position will be depleted. barring a serious cash infusion, they may be in serious danger of insolvency in the not too distant future. one further observation: why is a company with such "strong and uncircumventable" patents not out striking a licensing deal with them to raise some cash and make themselves look credible instead of going out on an investor dog and pony show? i'll see them later this week and let you know hoe the demo goes and whether they use a cable box or "simulate" the service off a server. cheers.