Subject: Trading Thesis
From: "Neil Callahan" <[email-masked]>
To: "'Devon Archer - RSeneca'" <[email-masked]>, "'Curtis Hastings'" <[email-masked]>
Date: Thu, 28 Oct 2010 23:28:26 -0400

Curt,

Take a look this article.

http://www.businessinsider.com/a-dumb-idea-for-smart-phones-2010-10

I know a few folks behind this from Nashville from a music industry
perspective.

The trade is that is this happen, Satellite Radio will basically go out of
business.  So our trade could be to short the debt of XM, etc. and to go
long on say HTC or a chip company.  This type of trade set up correctly
would buy a few helicopters.

Tracking the debate would allow up to get in early and cheap.

Let's chat about for a few minutes on Monday when we get together.

Best,

Neil

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Neil Callahan

Rosemont Seneca

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