Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (74687)	12/30/1999 4:59:00 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 97611

Craig: Here is JJ's (Cramer's) most recent stuff on tape painting, what are your thoughts?? Commentary : Wrong! Dispatches from the Front Closing-Price Whiplash By James J. Cramer 12/29/99 5:03 PM ET Click here for the latest filings from James J. Cramer. What got into Nokia (NOK:NYSE) in those last few minutes? Bank error in all of our favor? Gift from the Finnish gods of profit? Someone seeking to be up 500% in one year? More name-your-own-closing-price? This year, which has seen the sanctity of just about everything else in this business go up in a bullish cloud of smoke, also took apart the holiness of the closing price. Nobody was ever supposed to manipulate that. Sure, it happened. A point or two got tacked on by some manager trying to make up some performance. A crime, but not one easily prosecuted. Now closing prices get thrown around like buses in a Godzilla movie. It is crazy. They don't mean jack. Nokia went up 10 points in the time it takes to go from downtown to midtown, without a gridlock alert. I saw it happen in a whole bunch of stocks I own. The only people it hurts, of course, are the short-sellers, and they have no standing, so I guess nothing will ever happen to the kind souls (law enforcement authorities, read "outlaws"). But it has put a whole new element of phoniness into the equation. Is nothing in this market going to be the same after 1999 as before? You know where I stand. TIA Duke