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Salon narrows loss as revenue rises (ONLY TWO WEEKS OF CASH LEFT!)
CBS Marketwatch ^
| Nov. 13, 2002
| August Cole
Posted on 11/14/2002 7:52:12 AM PST by Drango
click here to read article
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The 10Q report
http://biz.yahoo.com/e/021113/salnc10-q.html
has some hidden nuggets such as...
SALON WILL VERY LIKELY CEASE OPERATIONS IF IT IS UNABLE TO RAISE ADDITIONAL
WORKING CAPITAL ON OR BEFORE DECEMBER 1, 2002
1
posted on
11/14/2002 7:52:12 AM PST
by
Drango
To: Drango
We don't we pool some money(about $1,000) should suffice (about all it's worth), launch a hostile takeover, and finally launch Magazine FreeRepublic.
2
posted on
11/14/2002 7:55:38 AM PST
by
Sparta
To: Sparta
We= Why
3
posted on
11/14/2002 7:56:10 AM PST
by
Sparta
To: Drango
Its expected that more people would go to Salon nowadays. After the harsh elections and Bush's strong popularity, the Rats are desperatly looking for some leftist sites of comfort and comradeship.
To: Drango
also from their 10Q...
THE CONTROVERSIAL CONTENT OF SALON'S WEBSITES MAY LIMIT ITS REVENUES
Many of our websites contain, and will continue to contain, content that is politically and culturally controversial. As a result of this content, current and potential advertisers and Salon Premium subscribers may refuse to do business with Salon. Salon's outspoken stance on political issues has and may continue to result in negative reactions from some users, commentators and other media outlets. From time to time, certain advocacy groups have successfully targeted Salon's advertisers in a attempt to persuade such advertisers to cease doing business with Salon. FREEPERS ! These efforts may be a material impediment to Salon's ability to grow and maintain advertising revenue.
........................................................
Mercedes-Benz is now advertising on Salon. Here is their contact info...
Mercedes-Benz would like to hear from you. If you have a question that isn't answered in our FAQ or if you'd like to get in touch with a Mercedes-Benz Representative, this is the place to do it.
Please do not hesitate To:
·
Call us at 1-800-FOR-MERCEDES (1-800-367-6372)
·
Contact us by e-mail
· Send us a letter:
Mercedes-Benz USA, LLC
Customer Assistance Center
3 Paragon Drive
Montvale, N.J. 07645
5
posted on
11/14/2002 8:03:09 AM PST
by
Drango
To: Timesink; Doctor Raoul; kylaka; Brett66; Cicero; CarolAnn; ZOOKER; bazbo; lavrenti; MinuteGal; ...
deathwatch ping
6
posted on
11/14/2002 8:12:02 AM PST
by
Drango
To: Lonesome in Massachussets; marvlus; YourAdHere; TightSqueeze; LibKill; HumanaeVitae; ...
ping to an old list...
7
posted on
11/14/2002 8:22:59 AM PST
by
Drango
To: Drango
ping to an old list...Hey! I'm only 32.
That's not really that old. :)
To: Drango
SALON WILL VERY LIKELY CEASE OPERATIONS IF IT IS UNABLE TO RAISE ADDITIONAL WORKING CAPITAL ON OR BEFORE DECEMBER 1, 2002 This is particularly meaningful considering that it's from a 10-Q that was published YESTERDAY. Nothing - NOTHING - matters but this number:
$266,000 in cash on its balance sheet
They're still going at a burn rate of ~$6 million per year. $500,000 per month. Which, indeed, leaves them with just a touch over 2 weeks' worth of cash left.
These are the final days. If you have Salon stock, you better dump it TODAY while it's hit a near-term high of 10 entire cents.
9
posted on
11/14/2002 8:33:54 AM PST
by
Timesink
To: Drango; ForGod'sSake; scholar
"
'There's small signs that things are improving,' he said,..."Very small; microscopic even.
"...noting that advertisers are showing signs they're starting to plan for 2003."
Planning on going elsewhere.
Yea, sure; &, this guy's sounding *happy*?
~oy vey.
Reminds me of the copy of "Rosie" {spit} which has been *mysteriously* showing up monthly -- uninvited -- appearing once again, just yeasterday.
On the front cover & in the corner appears in small print the words I'd been waiting for since the *thing* started showing up in my mailbox:
-Rosie's Farwell Edition-
Well alright then!!
Better late than never, I always say.
Adios *Rosie*!
...next up, Salon.com.
10
posted on
11/14/2002 8:34:17 AM PST
by
Landru
To: Drango
To find all articles tagged or indexed using Salon Deathwatch, click below: |
|
click here >>> |
Salon Deathwatch |
<<< click here |
|
(To view all FR Bump Lists, click here) |
11
posted on
11/14/2002 8:35:45 AM PST
by
Timesink
To: Timesink
These are the final days.Do we get to have a big FR party when their rusted hulk finally slips beneath the waves?
To: Drango
Thanks for the ping. Maybe the old nazis and new nazis at Mercedes who hate Israel and Jews anywhere are trying to save Salon. Salon for the most part is pro Islamofascist and Islamakazi.
I can't believe that many rats who go to Salon.com can afford a used bike let alone a Mercedes. Probably most of them steal bikes for transportation.
Any big corporation advertising in Salon at this time is just trying to keep it alive. The boards of these companies need to fire whomever authorized advertising in Salon.com..
The new head of the SEC might want to investigate any company which wastes precious advertising dollars on a political site like Salon.com.. Each $ spent on wasted advertising in Salon.com is a dollar not invested in the growth of that company or takes away from dividends to the stock holders.
To: Drango
Whoa! Up to a whole $0.06/share!
To: Constitution Day
Do we get to have a big FR party when their rusted hulk finally slips beneath the waves?Well, perhaps a mediocre-sized party. Don't want to give the impression we still thought Salon was relevant, and that it's about anything other than Schadenfreude now.
It might be fun to go revisit the remaining shell of what was once Table Talk one last time, to watch them all freak out as Shutdown Day approaches.
15
posted on
11/14/2002 8:41:38 AM PST
by
Timesink
To: *Salon Deathwatch
To find all articles tagged or indexed using Salon Deathwatch, click below: |
|
click here >>> |
Salon Deathwatch |
<<< click here |
|
(To view all FR Bump Lists, click here) |
16
posted on
11/14/2002 8:43:15 AM PST
by
Timesink
To: Timesink
It might be fun to go revisit the remaining shell of what was once Table Talk one last time, to watch them all freak out as Shutdown Day approaches.Definitely. I can't wait.
To: Drango
I'm amazed that they keep somehow getting enough cash to stay in business. I thought they were scheduled to die on November 11th or thereabouts. I'll be hoping that Dec 1st is truly the day the ship goes down, and the rats scatter.
18
posted on
11/14/2002 8:56:03 AM PST
by
SoDak
To: Drango
LOL!!! So exactly what are they paying Snarling Joe Conason with? Free pantyhose and pink lingerie?
To: Landru; Drango
"
'There's small signs that things are improving,' he said,..." The larger question is why is seeBS wasting their time on this penny stock loser??? They're hoping to raise awareness of Salon's plight in an effort to solicit a sugar daddy for a bail out? Unfreepingbelievable!
Rosie's(ptui) farewll issue, eh? heh,heh.....that's likely a keeper. Might come in handy for use near that jpeg you like so much ; )
FGS
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