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Non-Tech : James Cramer -- Ignore unavailable to you. Want to Upgrade?

To: grok who wrote (663)	6/24/1999 1:47:00 PM
From: Adam Weiner	Read Replies (1) \| Respond to of 766

You don't know Cramer's past? He refuses to talk about his small cap's now because he's been investigated by the SEC for doing so in the past [I believe the investigation was termed a "cursory review"]. When he worked for Smart Money, some of his article(s) touting stocks failed to disclose his fund's large holdings in said stocks. Of course, the stocks shot up after the article(s) were published. If I recall correctly, the SEC didn't take any action against Cramer. In my opinion, the SEC probably let it slide because Cramer didn't immediately sell the stocks into the post-hype rally. Also in my opinion, he probably held off selling the stocks once he realized the lack of disclosure was "discovered". According to an interview with Cramer, he's miffed that Dow Jones (owners of Smart Money) never completely exonerated him. That's probably why he writes so much trash about them, to which WSJ/Barrons reciprocates in kind.