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Technology Stocks : Source Media SRCM -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (449)	7/19/1998 12:07:00 AM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 3015

From AOL* "I'm no market guru but have been active in the markets for 12 years and am now a f/t daytrader and have observed similar behavior by target companies many times. It is in the suitor's and the "deals" interest not to comment until the ink is on the paper. Today, huge buying of over 750,00 shares crossed in less than 10 minutes at around 12:30 EST before the halt. There was a leak. The MM's we're swamped and the exchange issued the halt. Final vol. was 7.376MM vs. 539,000 a huge increase. Is this all dumb money and daytraders. I don't believe so. If you look at today's intraday chart, the gap at 30 has been closed. the stock firmed to 33 1/4 and settled at 32 1/4. This stock is technically poised to go higher and test the highs put in today at 39. The story is a compelling one. Net TV without having to buy or rent a very expensive cable modem. With ten's of million's of subscribers, imagine the savings. Analysts est. their multiple key patents' are worth in the neighborhood of $1B divided by ~12MM shares = $80 range. Add in the potential bidding war equation as the "portal" companies -- MSFT, AOL, YHOO, XCIT etc.-- jockey to ride the next wave of growth through the leading emerging technology, and you have a sweet smelling situation, not one that calls for a room freshener. Granted, it's not my GE, but the gamble is a good one IMO. $^) Regards," RMCLB "Bob"

To: Secret_Agent_Man who wrote (449)	7/19/1998 12:28:00 AM
From: Street Walker	Read Replies (1) \| Respond to 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.

To: Secret_Agent_Man who wrote (449)	7/19/1998 12:13:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 3015

Johanna Bennett is a nice woman, but she is no investigative reporter. Eric Gleacher, the marque name at Gleacher Natwest is a complete ego manic toad. Remember his last high tech deal? It was Applied Magnetics attempted hostile takeover of Read-Rite (an absolute joke that failed miserably). And then we have "Rapp, senior managing director for Oscar Gruss & Son Inc.'s private client group" I don't know the man himself, but the firm only deals in boiler room crap of $5 and less. SRCM (Sarcasm) is the biggest fraud they've ever dealt with (all the others of which there have been many, have been quiet $5 rape jobs). And what, anyway, does a senior managing director of a PRIVATE CLIENT GROUP know about anything? You are just some desperate mini-mo who is hoping, wishing and praying that some viscious rumor that you bought into will come true. Not this one, baby. All of the above in my opinion, Auric Goldfinger. All rights reserved.