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Pastimes : CNBC -- critique.

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To: Mark Marcellus who wrote (1753)9/20/1998 9:14:00 AM
From: Guy E. Fleming  Read Replies (1) of 17683
 
Mark:

I'm long-term long Gillette (still have a 1,000 % profit despite the recent free fall) so we start from a point of disagreement but we do agree on Greenberg. His rap of G was "piling on" with zero substantive facts. When asked the "heavy" question -- what does a Mach 3 blade cost? -- he didn't have a clue! He really had done his homework! Kramer also had his say on CNBC about G but, as far as I know, no one mentioned the crucial fact that he's short the stock!

G was due a correction but should come back strongly by mid to year end 1999. The 1/00 LEAPS look like attractive calls in here.
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