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


To: Sir Auric Goldfinger who wrote (1452)10/28/1998 10:34:00 PM
From: Mike Maxton  Respond to of 3015
 
Motley Fool describing the current short squeeze going on with SRCM.

fnews.yahoo.com

I think my puts will be looking very good next week.

There has been plenty of money available in this stock for shorts and longs over the last 6 weeks. I've done my trading and profit taking from the short side, 4 good trades. Short term we can all make money.

But long term, I don't think much of this companies chances of survival. It's "story" sounds a lot like Curtes Mathes (now UVEW), which had a "neat" set top box. I traded it some, made some, lost some. Stock went from around $3.00, did a 10 for 1 reverse split, and now trades around 1/2.

mike maxton



To: Sir Auric Goldfinger who wrote (1452)10/29/1998 1:34:00 AM
From: chester lee  Read Replies (1) | Respond to of 3015
 
Auric,

<<SERP and OGRU>>

Please translate for us non wall street types. I'm a wall street type wannabe.

chester