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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Charliss who wrote (51317)	6/16/1999 2:54:00 PM
From: JeffA	Read Replies (4) \| Respond to of 90042

CS by Cramer. Weird dude..... Why You Should Sell the Rumor By James J. Cramer 6/16/99 2:14 PM ET I just sold my Merrill Lynch (MER:NYSE). I didn't want to, but some wire service just reported that Dan Dorfman hears Bank of America (BAC:NYSE) is going to buy Merrill. Last time, this guy said Chase (CMB:NYSE) was going to buy Merrill. And then it was Cabletron (CS:NYSE) was going to get a bid from Siemens. Both stocks tanked when the rumors fizzled. And I thought we were done with the bogus rumor-mongering that ruined the previous generation's stock sanity! Let me give you the biggest and best tip you will ever get from TheStreet.com: If a bald man comes to you and tells you that XYZ Corp. is about to get a bid, don't believe him. Sell XYZ. Sell it before the bald man's friends do. Because that's what this game is all about. There -- no discrimination. I am bald, too.