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To: Sam Bose who wrote (92135)1/24/2000 10:54:00 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 164684
 
<<Just because the Naz was up over 80% last year doesn't mean everyone automatically had a stellar 1999. You
had to have the guts and the conviction to stay long the right stocks. Just ask Bill Fleckenstein who lost a huge
number of clients and assets from his fund. Just ask Byron Wien, Barton Biggs, Gail Dudack, who have all sat out
a few thousand points of this bull market. Ask Charles Clough and Tom Kurlak of Merrill Lynch and Michael
Metz of Oppenheimer all of whom had to resign their jobs in disgrace and retire (except for Kurlak who went to
the buy side at Tiger Management and is still underperforming there). >>

Just ask the Nevis Fund mgrs, who pulled in more than 270% in gain in 1999. Or Kevin Landis of Firsthand. You obviously miss my point. Ask most folks on this thread, who had a great 1999. Ask William. Ask HJ, or Mark, or Jan or Glenn, or Craig.

Anyone who fights the trend can get hurt- i'll not argue that.

But a fathead like Cramer who is constantly thrusting himself into everyone's face with his superficial commentary and his bad, subject-to-change-on-a-moment's-notice predictions is just a boor.

This is why his co's stock is in the basement, and why he is now forced to make his website free.
Victor