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Technology Stocks : America On-Line: will it survive ...?
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To: Yikes who wrote (5257)10/26/1997 8:35:00 AM
From: KM   of 13594
 
Yikes: I'm thinking about jumping on the short bandwagon here myself but I must defend Cramer a little. He's more than a "CNBC personality" and "commentator". He's a professional hedge fund manager and was at Goldman Sachs before that. He's also a securities lawyer. I've been following Cramer for several years and he is an outstanding trader and stock picker. He cautioned against shorting Dell this summer when everyone in the civilized world (including me) was doing that and he was right. This is much the same thing although the fundamentals here are not in the same universe as Dell's. He does a lot of short term trading in his fund but they also have longtime core positions. After I read his column about AOL, I decided to hold off a little longer.
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