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Non-Tech : James Cramer

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To: WhipsawMcGraw who wrote (66)12/17/1998 12:09:00 PM
From: Brentsky  Read Replies (2) of 766
 
CNBC needs to get some balls!!!

Some crappy little company comes along, whines to the SEC, and they yank their analyst.

First, does anybody really think Cramer would short WAVO before going on the show. There would be no way he could get away with it. He's not that stupid.

Second, how many analyst actually appear on CNBC to hype or slam a stock without already owning it. I'll bet not very many. If Cramer wore a 3-piece suit and worked for some Wall Street firm would that make it ok?

Third, what he said was correct. The internet stocks are at prices that some will never see again. Many small investors are going to get creamed!

Sure, Cramer is opinionated, but the man is often correct in his views and CNBC needs to either stand by him or demand that every analyst on the show disclose every stock holding before they speak.

Brentsky
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