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


To: Sir Auric Goldfinger who wrote (898)8/14/1998 10:48:00 AM
From: Pluvia  Respond to of 3015
 
What a phoney baloney setup conf call. Only taking calls from the brokerage firms hyping their deal - ROFL!!!

These guys did not want to answer why they failed to inform shareholders in Q4 97 and Q1 that they had lost what has ended up being the majority of customers they purchased in the VNN Brite deal for $44.6 million. That loss was the dagger in SRCM's heart - they're done. 16 mill in cash left!!

They did not want to admit insiders sold 20 million of stock while the company failed to disclose they had lost major business.

Can you say CLASS ACTION SUIT?

I know I can.