Okay, when did the tornado hit and take me over the rainbow?

I received a new "post" at MySpace.com. Granted, I never use my MySpace.com account unless it's to bitch about MySpace.com. However, some user read my bio and sent me something. Information on a new speculative fiction magazine that's slated for print this Fall. They're looking for "enjoyable, character-oriented stories which engage the reader." No word count limit, no other guildlines beyond that; a featured story chosen will receive $50.

On the website, it reads 150 days to submit. I wonder if I could produce something worth publishing in that time.