Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.44

+0.8%

1:50 PM EST

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To: Craig Schilling who wrote ()	4/6/2000 11:18:00 PM
From: Cooters	of 152472

TheStreetcom's Kramer Blames Media for Stock Drop, Paper Says --From AOL. Interesting turnaround. -- Cooters New York, April 6 (Bloomberg) -- TheStreet.com Inc. co- founder Jim Cramer said the media are to blame for the decline in the online financial news company's shares, USA Today reported. ``The stock price of the TheStreet.com is set by what I call the chattering financial classes. ... (the media) reports every day on every wrong move that we make and a lot of wrong moves that we don't make,' said Cramer, also the TheStreet.com's chief columnist, at a conference in New York. Cramer argued that the New York-based company's stock, which rose 1 1/32 to 7 17/32 today, is cheap because the company has about $4.70 per share of cash, the newspaper said. TheStreet.com, which first sold shares to the public at $19 each last May, reached a high of 71 1/4 in its first day of trading, and a low of 6 on Tuesday. (USA Today 4/7) Apr/06/2000 22:51

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