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

To: Secret_Agent_Man who wrote (705)	7/28/1998 6:09:00 PM
From: Moneysmith	Read Replies (1) \| Respond to of 3015

The remaining longs may still have the last laugh... I am now out of this stock with a small loss though I kept some out of the money calls just for the hell of it. The pump and dump theory does not fly, unless you believe the entire stock market of the last few weeks is an example of this particular variety of scam. The various indices have broken technical support levels and margin calls are taking their toll on the traders, who, of course, have been obsessed with these internet names like YHOO, SRCM, AMZN,EGGS etc.etc.The fact remains that this company, which you have tried and convicted already may be the real thing and that it may indeed be on someone's radar screen as a target. I have seen nothing on this thread so far that puts this possibility aside absolutely. I am out and own options I bought with earlier profits. Others still long should stop confusing the forest for the trees...ie. we are in a correction here; which happens to include SRCM.