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Non-Tech : Bill Wexler's Dog Pound
REFR 1.620+3.2%Dec 5 9:30 AM EST

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To: Bill Wexler who wrote (6697)2/14/2000 4:09:00 PM
From: Kevin Podsiadlik  Read Replies (2) of 10293
 
And I was just going to ask you what you thought of these comments by Cramer on WM, FTN and USB:

I think all three are being knocked about by the ease with which you can locate and take the cheapest mortgage online. These guys are not the low-cost providers. Meanwhile, as people become more comfortable banking on line, these franchises will be eroded.

Cramer's kind of gone negative on the whole value investing concept. I think his series today "Cramer the Contrarian Remains Unconvinced" is a must-read.
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