Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (1799)	7/28/1998 5:32:00 AM
From: Graeme Smith	Read Replies (2) of 4634

Source Media (SRCM) is collapsing. Down 20% today, I decided to check out the SI thread for relevant news. I am currently only 1000 short, if I can short more above 20 tommorrow I will be. At the moment I have no idea what point to cover at. I need to do more investigation to say what the fair price/cover point of the stock is. Tomorrow is shareholder meeting, and so buyout rumours will be effectively quashed. Also insiders want to increase their stock options, and remove the clause requiring them to wait 6 months before selling. I wonder why that would be. Another bonus, Steven M Kaplan is on the thread. I expect he has been employed by Bill Gates and co to design the www.SourceMedia-MicrosoftandAOL.com site. Graeme

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