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Pastimes : James Cramer Skeptic Thread

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To: James J. Cramer who wrote (1081)	12/17/1998 10:33:00 PM
From: Jose Matos	Read Replies (1) of 1254

James, you may consider doing what Clinton refuses to do. Admit you were wrong in making the statements you did. That should defuse the situation somewhat. Don't get me wrong, I agree that Wavephore was a good short at that point (and I was lucky enough to make a couple of bucks on a quick trade), but the point is that the statements you made were your own opinion, and frankly libelous. Calling them a "Fraud-u-net" without concrete evidence was wrong. If you are truly concerned (as I believe you may be), about the mental state of gamblers with online accounts, bidding up anything.com to ludicrous heights with ZERO idea of what they're buying, you could have used a better company to make an example of. You could've used Amazon or Ebay or Onsale or Books-a-dozen or 50 other companies that shot up, many due to short squeezes, others due to the greater fool theory. Furthermore, all of these ARE not shortable at most brokerages. You might have gotten you're point across better with these bubbles. You might have avoided the Goliath pounding on David scenario. You would have gained a bit more credibility, and you'd still be on Squawk box. Regards. Jose.

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