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Pastimes : CNBC -- critique.
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To: Ian@SI who wrote (2781)5/28/1999 11:46:00 PM
From: The Barracuda™  Read Replies (1) of 17683
 
I think I saw something about how the IPO was over priced-which is true. I have to agree with the CNBC talking head.

Cramer's IPO is losing $16MM a year. People at the IPO were paying 1.5 billion for $16MM in losses. Heck, for $1.5 billion, the IPO should be losing at least $100MM

Cramer may be angry about that. I expect they have had "words."

In any case, cramer is crying all the way to the bank.
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