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Non-Tech : James Cramer

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To: Stocker who wrote (566)5/20/1999 5:55:00 PM
From: Adam Weiner  Read Replies (2) of 766
 
>> A few years from now, this past year's numbers will just be a blip.

Well, he'll certainly have a good year from the fund's ownership of TSC shares. I thought it decent of him to give his fund such a nice allocation, esp. considering how TSC has taken up free time that he could have spent on the fund.

>> 10,000 shares up one point (in a few minutes no less!!)
>> is $10,000 profit

Yes, then the next day a trade doesn't go you're way, and you loose 10k. In the end, it's just not worth the time of a centimillion $ fund. People don't pay fees + 20% of their returns for a glorified day trader.

>> Actually, maybe you should just give up.

Good idea. The discussion is wearing a bit thin. Go ahead and give me one more reply so you can have the last word - and I'll consider our discussion complete.
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