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Technology Stocks : Redback Networks, Inc. (RBAK)
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To: coachbobknight who wrote (1199)10/14/1999 12:40:00 PM
From: tsunami  Read Replies (2) of 1956
 
i see some pain for cramer...the rat bastard is the one who
gave legitimacy to this whole ridiculous group...

Actually I like Mr. Cramer but I have to agree with your comment
that he gave credibility to this whole group of stocks under his
red hot index.

And most of the stocks in that index have low floats that a mention
by a reputable money manager has an impact on the trading of the
stocks. [IMO he is not aware of that fact] I still remember how
surprised I was when I first learned Mr. Cramer was long RBAK.
Hard to believe.

I think most of the "buy & hold" investors will see big losses
in their investments in these stock over the next couple years.

good luck all,
t

* I have been short RBAK before, no position currectly.
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