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Technology Stocks : Source Media SRCM
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To: Justin Franks who wrote (1065)8/27/1998 10:18:00 AM
From: Smilodon  Read Replies (2) of 3015
 
SRCM has been strong in last two days.

I boxed half my short position. I think it is due for a bounce as people see it as a "value" since it has gone down so much. I think we are also seeing some short covering.

I still think it goes to zero, but not this month. If anyone covers for a bounce, don't forget to keep the position boxed so you don't lose your borrow.

Regards,

Archer
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