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

To: MW who wrote (1903)	12/14/1998 11:45:00 PM
From: Pluvia	Respond to of 3015

<<<To me the "market" is irrelevent. There will be individual co's and segments that will rise to the top during this and I'll be rising with them.>>> Alrighty Mike, As long as you know what you're up against... 1. Market downturn (took stock to $4 last time); and, 2. New products, competition from AOL, MSFT, ORCL, SUNW, WorldGate, MoreCom; and, 3. Continued losses and Statement from SRCM's CPA in this Q (ending Dec 31), that will almost certainly contain a comment doubting the company's ability to continue as a "Going Concern"; and, 4. $120mm of debt with no stated plan that would reasonably produce enough revenue to allow SRCM to manage its debt service. 5. Competition from AOL and MSFT that will include offering MSO's proposals that would include vast financial commitments for print and TV advertising to attract subscribers to their service, (should the MSO sign with them)... Proposal's SRCM cannot possibly compete with... As long as you understand these things Mike, I won't feel as bad for you when I'm buying you dinner and you tell me all about the money you should have but you lost because you got greedy... Happy Holidays Steve