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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: RockyBalboa who wrote (11657)10/17/1999 10:02:00 AM
From: J.Y. Wang  Read Replies (1) of 18998
 
Be very careful about what Cramer says and what he does.

One of the financial magazines reported that he is more than 50% cash right now. Cramer in a article last week said he had more than $100 million cash and his fund only has something like $300 million. Cramer is flush with cash right now.

There is only one major reason why he would be heavy in cash.
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