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Non-Tech : James Cramer

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To: Mark Davis who wrote (458)	5/2/1999 4:15:00 AM
From: cicak	Read Replies (1) of 766

Wow ! - it just goes to show you that such a hoax can fool the best of us - even James Cramer. I predict James Cramer will be quite vocal in court - if it gets to that point. Regards, Phil 4/8/99 excerpt from James Cramer thestreet.com article: ====================================================================== << I bit. It's just one line in an otherwise terrific Realized Gains and Losses page from Cramer Berkowitz, but I'll never forget the hoax: 30,000 Pair, -$26,877. That's what you get for flying on instinct. I hadn't seen the story. I just heard the word on Bloomberg.com: a PairGain (PAIR:Nasdaq) bid. And I took stock. A few minutes later, I'm listening to David Faber in Jeff Berkowitz's spacious office and I see PAIR on the TV. I tell Jeff to make it louder, and sure enough, what I saw made me poorer. "It's a hoax! It's a !@#$%^& hoax!" I screamed after Faber broke the story. "Kick out the PairGain." Cyberdupe. Me. The guy who loves cyberspace. I cut my teeth on the Motley Fool. I helped set up TheStreet.com with Marty Peretz. And I had been had.>>

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