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Technology Stocks : Oracle Corporation (ORCL)
ORCL 251.38+1.3%2:18 PM EST

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To: Hardly B. Solipsist who wrote (18853)10/13/2006 1:00:08 PM
From: alydar  Read Replies (2) of 19079
 
I once heard Cramer state on his show that as long as Larry Ellison is the head of Oracle he would never recommend the stock and he bashed it when it was in the $12.50 range on almost every show. It got to the point that it hurt to watch. Now, he is saying positive things about the company almost on every show.

I am convinced that Cramer is an intelligent guy but does not have any more of a clue than anyone else. I also heard him say that he could sell to anyone that he would not let a customr off the phone until they purchased something. So, I think Cramer's best ability in life is to sell. He is doing a good job of selling himself to the public and is doing quite well in t.v. Hats off to him!

He also said that he along with most money managers are right about 60% of the time. This is a very hard way to make money. I suggest a buy and hold strategy of companies you believe in by doing your own due diligence.

Alydar
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