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


To: MW who wrote (1556)11/11/1998 10:36:00 PM
From: Pluvia  Read Replies (2) | Respond to of 3015
 
MW,

I guess it is obvious you don't understand how to read or discuss a financial statement (no wonder you own this crappy company).

This statement I made does not say SRCM lost $25.9 million of revenue, as you claim it does...

" it is clear SRCM lost more than 50% of the total revenue produced by Brite & VNN. Since combined Brite and VNN cost SRCM $44.6 million, 1/2 of that amount would be $22.3 million. Thus we can assume SRCM blew over $22.3 million due to the customers that left."

Your lack of being able to understand this point only proves that you are not financially sophisticated enough - or educated to a level that allows you to communicate with anyone who understands a balance sheet, basic business, or financial analysis.

Again - try a business 101 course, most community colleges offer the class.

Cheers Steve