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Technology Stocks : Source Media SRCM

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To: Bobo who wrote (513)	7/21/1998 7:53:00 PM
From: Street Walker	Read Replies (1) of 3015

PATENTS..........and short/long Re-read this for confirmation that what SRCM has is for real: #reply-5239029 WHY I WOULD HATE TO BE SHORT THIS STOCK One of these mornings we may wake up and to the premarket news: 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. The neat thing is that it is currently drifting higher! 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 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. S.W.

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