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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Raymond Duray who wrote (632)	6/13/1999 5:29:00 PM
From: -	Read Replies (2) of 18137

<has anyone noticed the quality of the dot.com's lately?> Yep... My favorite, (although it's one of the better ones) can you believe "thestreet.com" (TSC) being valued at what, well over one Billion Dollars? Sure, they have two or three decent writers (and they've added a lot of BAD ones with the IPO $). And Cramer "the trader" is surely a major-cerebal entertaining guy, so what if he loses his hedge-fund investor's money and is just learning to trade from his wife, as an alternative to betting it all on obscure small-cap investments, his former style! Cramer's stake alone in the IPO was worth over $250M. It's just a simple website with a few reporters. What does Cramer do now? He's on a diatribe that they need to "cut out the junky net IPO's"... Nutz! But you gotta love tradin em' - that is, the more liquid net stocks, not the IPO's... -Steve

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