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To: KeepItSimple who wrote (23658)8/11/1999 12:21:00 PM
From: RepnikK  Respond to of 27307
 
Somehow it does not surprise me.

It's always fun to read his pieces or watch him on CNBC.

Some time ago, I recall watching him dissecting market cap of then freshly-minted public company with no profits and very little revenues. At that time he's been wondering how's those few servers in a dusty closet could possibly be worth anything close to a billion dollars. Boy, was he angry:)

He's angry now - just after he's got it, dark forces pull the rug from under him again. See, it was all conspiracy, he knew it all along, but ended up on the wrong end of the stick anyway:)

While I appreciate his insights into market action, his analytical pieces and his trading techniques ain't worth much to me 'cause I don't see how I can apply them.

Regards

RepnikK



To: KeepItSimple who wrote (23658)8/11/1999 1:46:00 PM
From: -  Read Replies (1) | Respond to of 27307
 
I know, I have chided Cramer for on occasion appearing to not even believe in the basics of the internet revolution (he didn't respond to my polite emails). You would think a guy that had been able to shake the journalistic establishment to the core, and become a Billionaire (well, for a while) because of the internet, would at least believe in it!!

I think the problem is, Cramer is a Wall Street guy and a journalist, and in his heart-of-hearts he doesn't understand technology. Remember, he used to trade pots and pans before one day his wife told him they needed to start trading things like XLNX. His blind worship of CSCO, while obviously not understanding much at all about the company, it's products, or technology, is another good indicator here.

When you catch JJC writing in an honest/revealing moment, it's clear that (not surprising, as a financial/non-tech guy) he really has serious doubts or doesn't understand how huge of impact the internet will have on transforming almost every business on this planet. This, despite the fact that with a little capital and a lot of elbow grease, he's created a nice website which could eventually threaten the WSJ/IBD/Barron's! Just based upon his knowledge, really. What more evidence does he need?

-Steve



To: KeepItSimple who wrote (23658)8/11/1999 3:21:00 PM
From: -  Respond to of 27307
 
Cramer's so great as a contrary indicator! Nets on fire...

Long AOL, YHOO, AMZN, JNPR... for the ride today.

Steve



To: KeepItSimple who wrote (23658)8/13/1999 1:18:00 PM
From: Lucinos  Read Replies (1) | Respond to of 27307
 
KeepItSimple, One more time of evidence that you need to believe in what the TA chart tells you. Although it may not be right all the time, the odds is certainly very high.

Lucinos