Full Idea
Meinong's theory says that 'Pegasus is a flying horse' is true, while Russell's says that this assertion is false. The average man, if he knows his mythology, would probably agree with Meinong.
Gist of Idea
Common sense agrees with Meinong (rather than Russell) that 'Pegasus is a flying horse' is true
Source
comment on Bertrand Russell (Review: Meinong 'Untersuchungen zur..' [1905]) by Douglas Lackey - Intros to Russell's 'Essays in Analysis' p.19
Book Reference
Russell,Bertrand: 'Essays in Analysis', ed/tr. Lackey,Douglas [George Braziller 1973], p.19
A Reaction
It seems obvious that some disambiguation is needed here. Assenting to that assertion would be blatantly contextual. No one backs Pegasus at a race track.