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


To: Moneysmith who wrote (1747)12/1/1998 3:24:00 PM
From: TRIIBoy  Respond to of 3015
 
Because the whores running this stock are telling people that the Sony announcement with GIC is somehow a positive for SRCM, when it isn't all and makes their technology and agreement worthless.

As we have seen, when there is any kind of sell-off, daytraders and other whores run for the hills, it helps that the NASDAQ is up 36 plus points.



To: Moneysmith who wrote (1747)12/1/1998 3:56:00 PM
From: Pluvia  Read Replies (1) | Respond to of 3015
 
<<<Why is this stock up again($19.25) if it is a scam?>>>

Have you looked at BFLY? It was an underwriting done by GKN 5/97 at $5.

The company business plan says they are currently building and plan to market and promote a web site that will offer men's woman's and children's apparel and accessories at significant discounts.

As of 6/30/98 they had no revenue, but they were up on BS news today that they are opening a website on YHOO's server.

This stock is now trading at $21-24.

And you ask how a scam stock could go up? Maybe BFLY is not a scam, maybe they just need 18 months to start a website any highschool dropout could setup over a long weekend...

SRCM is a company that has no way out of filing for bankruptcy. They have no saleable products and lose money every Q. Today's stock price is irrelevant to the final outcome of this company.

All comments IMO

Cheers Steve



To: Moneysmith who wrote (1747)12/2/1998 11:36:00 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 3015
 
Kenel Ration, you're a rocket scientist:"Why is this stock up again($19.25) if it is a scam?" Why did Bre-X get to multi-billion $ capitalization and why did SOLV Ex get to almost $1 B? Because there are paid hypsters who will clean your clock at every turn and because people like you want to believe. There's one born every minute.