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


To: chester lee who wrote (1380)10/23/1998 8:38:00 PM
From: Pluvia  Read Replies (2) | Respond to of 3015
 
Looks like a mention on CNBC helped push this up today, along with SRCM doing everything they can to get PR associating themselves with interactive TV. I shorted more today at 10 3/8 and 10 11/16. Can't pass these prices up!!

Looks like this stock has a little MO going for it here, but as the MO players find the value of the company they will exit as quick as they entered.

Cheers Steve



To: chester lee who wrote (1380)10/23/1998 10:41:00 PM
From: Michael Bidder  Read Replies (2) | Respond to of 3015
 
Trouble Ahead?

Be very careful.

1) 120 million in debt!

2) Negative cash flow

3) Dated technology

4) Possible Securities Exchange Commission review.

5) Definite Asencio review!

My Background. (https://www.siliconinvestor.com/readmsg.aspx?msgid=2975868)

In the end I was wrong. Asencio did want to take a crack at them publicly.

SRCM is very similar to KRY. The same fanatical touters that have a blind eye to facts, even the pathetic short squeeze.

Soon SRCM will bleed itself to death. That is if it doesn't first catch the attention of Asencio.

good luck

Michael Bidder