SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum
MU 224.54+0.3%Nov 25 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wily who wrote (39383)9/30/1998 3:53:00 AM
From: PaperChase  Read Replies (4) of 53903
 
CRAMER aka flip-flop man. He's buying MU? Could this be the same man that wrote the article below. I guess with tech stocks it's different, you know the ones with declining year-over-year sales and earnings. <vbG> I can see his defenses now; it's a turnaround situation; it's temporary; etc. Doesn't matter. An investor with many different investment strategies that ultimately contradict each other won't last long. Kind of like Long Term Capital whiz brains who are now almost broke. <G>

From: GQ Magazine, (I don't subscribe, I found it in the lobby)
August 1998

The One-Day Wonders
By James J. Cramer

"...First, let's establish what we are looking for in a winning stock. It's a bit hard-boiled, but so is the biz. Let's get one thing straight: We do not care if the product is breakthrough or revolutionary or outstanding or indispensable. We do care whether the company behind the product is profitable. How profitable? Extremely profitable. And getting more profitable all the time. Too high a standard? What do you think Merck is if not a profitable company that grows more profitable by the quarter and the year? And Cisco and Intel and Microsoft? These are not companies that swing from wild profitability to deep red ink..."

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News