SALON: 'MAY NOT BE ABLE TO CONTINUE AS A GOING CONCERN'

Yahoo ^ | 6/26/02

[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...

[lonestar]

Was Arthur Anderson their accounting firm?

I think they never had anything to count. LOL!

[MinuteGal]

"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

[Drango]

all time low...

Views: Basic - DayWatch - Performance - Real-time Mkt - Detailed - [Create New View]

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	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
Chart, Financials, Historical Prices, Insider, Messages, News Profile, Reports, Research, SEC Filings, more...

[dighton]

“How did you go bankrupt,” Bill asked.

“Two ways,” Mike said. “Gradually and then suddenly.”

-- The Sun Also Rises.

[general_re]

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"

[Drango]

Death spiral...at one point it was .02 cents per share...will it be a penney a share at market close?

Views: Basic - DayWatch - Performance - Real-time Mkt - Detailed - [Create New View]

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	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
Chart, Financials, Historical Prices, Insider, Messages, News Profile, Reports, Research, SEC Filings, more...

[aculeus]

Definition of chutzpah: Man takes a taxi to Bankruptcy Court ... and when asked to pay the fare invites the driver to join the creditors.

[NotJustAnotherPrettyFace]

Salon.com-mie = morally bankrupt!