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


To: MW who wrote (1599)11/13/1998 7:49:00 PM
From: majormember  Respond to of 3015
 
>>>If you daytrade big positions in this stock I
wouldn't go home net short.

mw, never traded the stock, only bought puts.

>>You just never know.

I must agree with you here. Didn't think stock would see North
of $12 with earnings. If Monday doesn't sink it, I'm selling
my puts and will be forced to agree I don't know what's
keeping it up.

Happy trading,
Skane



To: MW who wrote (1599)11/13/1998 7:53:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 3015
 
You just never know.

What, someone might pay $200MM for the right to owe $100MM more?



To: MW who wrote (1599)11/13/1998 9:28:00 PM
From: Pluvia  Respond to of 3015
 
MW,

Hey buddy, what do you think about SRCM dressing up their numbers by failing to pay $2.5 million bucks worth of their bills this Q so their cash burn and operating capital numbers would look better?

Also - how hard will it be to sell your stock position into a market where there are no buyers and the price is plummeting like a rock?

I'm very interested in your opinion

All comments IMO

Cheers Steve



To: MW who wrote (1599)11/13/1998 10:02:00 PM
From: Pluvia  Read Replies (1) | Respond to of 3015
 
Multiple Choice - Which Scumbag Trick Is Worse?

MW,

Just wondered if you could help us out here... Which of these scumbag tricks is the worst...

1. Holding a conference call where the moderator states that all of the callers can ask questions, but in reality SRCM has instructed the moderator to only take pre scripted questions from 3 of SRCM's shills before SRCM ends the call pretending like no other callers are interested in questioning SRCM's brainiac management team...

2. Issuing a press release that says SRCM is deploying the first digital interactive TV system with Insight Communications, but failing to mention that SRCM is GIVING Insight the only product they have that is saleable - their Interactive Channel a goofy on screen menu that failed in all three of its "on cable" trials (Colorado Springs, NY and TX)... Where the purpose of the press release seems to be to pump up the stock price with what seems to be seriously misleading information...

3. Issuing statements that SRCM's cash burn rate was reduced this quarter when in reality SRCM just held back paying $2.5 million of bills which has the effect of making the operating capital and cash burn rate look $2.5 million dollars better?

MW, Please help us out with this "pick the worst scumbag trick" contest...

All comments IMO

Cheers Steve