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Non-Tech : James Cramer

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To: StockDung who wrote (707)	9/17/2000 8:42:46 PM
From: RockyBalboa	Read Replies (1) of 766

I believe that Jim Cramer is a coward. Reason? Well he put out a "piece" in which he outlined how he bought an internet stock at a discount and right after/at/before a "big block" changed hands. After that, he outlines, the selling is gone and the stock goes up 30%. I emailed him as I wanted to know (about 3 or 4 days after he put out the "piece" - the article) which stock symbol it was.... because I was interested and I also wanted to see what JJCramer pretended to have seen "early". What did the coward... he writes back "i would if i thought it would not betray sources kjjc" Listen: If he betrays sources then he has [used] nonpublic information (maybe in the form of an impending block sale -as he freely admits to have "seen" or "participating in the" trading through). If he traded on "public" knowledge then I still do not see the problem in telling me/us/theStreet/the World how he found this 30% miracle. As a reference, here is his "piece" inquestion: thestreet.com ----------------------------------------------- "TheStreet.com - Wrong! State of the Web: Dot-com Detritus Debacle" "On Friday, we participated in a big clean-up print of one of the dot-coms. The company has been doing well, but its stock has hurt everyone who has owned it and never sold. The big block has been overhanging the stock for weeks. Once it traded though, the stock jumped 30%. Right after the trade. That's going to be the norm now that we have so many broken dot-com stocks. Most of them have lids on them, big blocks held by people who don't want to realize the loss. Once these pieces trade, the stock is ready to lift. " --------------------------------------------------- The "Last Friday" he talked of was most presumably Jun 2 2000. I believe that I have a case here.

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