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SALON: 'MAY NOT BE ABLE TO CONTINUE AS A GOING CONCERN'
Yahoo ^
| 6/26/02
Posted on 06/26/2002 8:25:59 AM PDT by Brian Mosely
'MAY NOT BE ABLE TO CONTINUE AS A GOING CONCERN': As of March 31, 2002, SALON.COM had an accumulated deficit of $76.6 million...
TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events
KEYWORDS: deathwatch; elitists; goodmoneyafterbad; liberalbias; mediabias; salon; salondeathwatch; sanfrancisco
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To: PsyOp
Was Arthur Anderson their accounting firm?I think they never had anything to count. LOL!
61
posted on
06/26/2002 8:35:39 PM PDT
by
lonestar
To: steve-b
"How did Salon accumulate a deficit of over $76 mil?"
"Where did all that money go?"
Hmmm, we'll probably find out when the big boys there start resigning one by one, their wives start having garage sales, their mistresses start blabbing to get on TV, any regular trips to the Grand Caymans are scrutinized, and a grand jury is convened.
But not till then.
Leni
To: Brian Mosely; martin_fierro
all time low...
SALON MEDIA GRP (NasdaqSC:SALNC) - Trade: Choose Brokerage |
Last Trade 11:23am · 0.06 |
Change -0.03 (-33.33%) |
Prev Cls 0.09 |
Open 0.09 |
Volume 57,700 |
![Chart](http://chart.yahoo.com/c/0b/s/salnc.gif) Small: 1d 5d 1y none Big: 1d 5d 3m 6m 1y 2y 5y |
Day's Range 0.06 - 0.09 |
Bid 0.06 |
Ask 0.07 |
P/E N/A |
Mkt Cap 849K |
Avg Vol 33,500 |
52-wk Range 0.08 - 0.65 |
Bid Size 1,000 |
Ask Size 5,000 |
P/S 0.35 |
Div/Shr 0.00 |
Div Date N/A |
1y Target Est N/A |
EPS (ttm) -0.36 |
EPS Est N/A |
PEG N/A |
Yield N/A |
Ex-Div N/A |
|
|
|
63
posted on
06/27/2002 8:43:21 AM PDT
by
Drango
To: MinuteGal; aculeus; Orual; general_re
How did you go bankrupt, Bill asked.Two ways, Mike said. Gradually and then suddenly.
-- The Sun Also Rises.
64
posted on
06/27/2002 9:13:16 AM PDT
by
dighton
To: dighton
Bankruptcy is a sacred state, a condition beyond conditions, as theologians might say, and attempts to investigate it are necessarily obscene, like spiritualism. One knows only that he has passed into it and lives beyond us, in a condition not ours. - John Updike, "The Bankrupt Man"
To: Timesink
Death spiral...at one point it was .02 cents per share...will it be a penney a share at market close?
SALON MEDIA GRP (NasdaqSC:SALNC) - Trade: Choose Brokerage |
Last Trade 12:34pm · 0.04 |
Change -0.05 (-55.56%) |
Prev Cls 0.09 |
Open 0.09 |
Volume 145,900 |
![Chart](http://chart.yahoo.com/c/0b/s/salnc.gif) Small: 1d 5d 1y none Big: 1d 5d 3m 6m 1y 2y 5y |
Day's Range 0.02 - 0.09 |
Bid 0.03 |
Ask 0.04 |
P/E N/A |
Mkt Cap 566K |
Avg Vol 33,500 |
52-wk Range 0.08 - 0.65 |
Bid Size 4,400 |
Ask Size 5,000 |
P/S 0.35 |
Div/Shr 0.00 |
Div Date N/A |
1y Target Est N/A |
EPS (ttm) -0.36 |
EPS Est N/A |
PEG N/A |
Yield N/A |
Ex-Div N/A |
|
|
|
66
posted on
06/27/2002 9:55:44 AM PDT
by
Drango
To: general_re; dighton; Orual
Definition of chutzpah: Man takes a taxi to Bankruptcy Court ... and when asked to pay the fare invites the driver to join the creditors.
67
posted on
06/27/2002 5:45:40 PM PDT
by
aculeus
To: general_re
Salon.com-mie = morally bankrupt!
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