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Technology Stocks : Source Media SRCM
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To: Secret_Agent_Man who wrote (449)7/19/1998 12:28:00 AM
From: Street Walker  Read Replies (1) of 3015
 
WHY I WOULD HATE TO BE SHORT THIS STOCK

One of these mornings we are going to
wake up and the premarket news will
be SRCM is being bought out for ~$48/share.

This will only reward current longs.

Shorts will be at an INSTANT loss,
not even a chance to cover lower because it
will be an instant gap in price.

On the other hand, if their is no truth
to the rumors, the stock will just begin
to drift lower - no instant loss for the longs.

INSTANT loss for the shorts if a buyout, INSTANT
profit for the longs. A possible drifting loss for longs if
no buyout. The shorts are taking the biggest gamble with the
longest time frame to make a possible profit.

I'm not a techi so I'll resort to cheerleading the LONGS.
Stock_Moper seems to be the only one in the chat rooms
that has the clearest sense of the technology - and he's long too.

From the latest Dow Jones report #reply-5241645,
it looks like a BUYOUT is nearer than we think.
It may not be Monday, but soon.
People in the know are not answering the phones. They
can't keep silent for too long.

I can feel the buyout coming. Anyone else "feel it"?
I'm left with maintaining my LONG position based on
my intuition of the present moment, rather than
the history of past months.

Hold on to your shares! Go by your gut feelings after
reading the Dow Jones report and Stock_Moper's evaluation
of the technology.

#reply-5241645
Worth another Read!

Regards,
S.W.

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