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

To: Abel Vieira who wrote (514)	7/21/1998 12:03:00 PM
From: Blitz	Respond to of 3015

Keep on shorting ;) (pun intended) You'll be covering, and you'll bring us over $30 in no time.

To: Abel Vieira who wrote (514)	7/21/1998 12:03:00 PM
From: Smilodon	Respond to of 3015

Even if it is a scam, doesn't mean price won't go up in the short term. If the company is really trying to hype their stock, they wouldn't just give up. At some point they would try to defend the stock and protect the 20x20 warrant provision. Maybe this is just a great opportunity for you to buy puts at a higher level. Maybe not. This is a really difficult one in the short term. Long term, if no one buys them and they don't get much revenue from the cable business, it goes to zero. Best of luck, Archer

To: Abel Vieira who wrote (514)	7/21/1998 12:04:00 PM
From: Derrick Sweet	Read Replies (1) \| Respond to of 3015

GOOD NIGHT PLUVIA...LIGHTS OUT...SRCM IS UP $4 I suppose you'll be covering your short position. I'm almost going to miss your relentless efforts in bringing down the stock. Oh well, why don't you cover your margin and stick around for more.

To: Abel Vieira who wrote (514)	7/21/1998 6:20:00 PM
From: Pluvia	Respond to of 3015

Every Dog Has It's Day <<<Thats just great , sold my position out at 25 for a small loss, based on your conviction that it was a scam, now it is running and bidding 29!! What else do you hate, I have some cash now to go long on a position >>> Well Able, At least you can sleep at night knowing you don't own shares in a poorly run company. <gg> When I put the STRONG SELL Rec on this stock, it was trading right at 30. We took our profit 5ish points later, selling our puts today and yesterday in anticipation of the company trying to prop the stock of for the next 10 days so they could exercise their warrants. You may recall I stated I would trade this stock aggressively selling on rallies. I continue to plan to do this also - but I will wait for the right trade entry. The company has 28.85 million reasons not to let the stock trade below 20 right now, I aint no dummie. My opinion of this stock is still the same, every dog has its day, but ~phew~ that was some serious buying today that popped the stock price up. IMO no one buys this company - no way, no how. It just aint worth it. Maybe a cable contract or two - sure, but these guys will never compete with the real players in the cable internet service market, you can be certain of that. Cheers Steve