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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (94009)	4/6/2000 7:08:00 PM
From: westpacific	Read Replies (4) \| Respond to of 108040

Biotechs - if they break down we could start this whole cycle over. And of course we still have Greenspan on May 17th. Biotechs rally because CRA completes Human Genome project - give me a break, kind of expected news! Strong jobs numbers will just signal to the FED why their policy of rate hikes are appropriate.

To: $Mogul who wrote (94009)	4/6/2000 7:09:00 PM
From: westpacific	Read Replies (3) \| Respond to of 108040

Did everyone catch that peice on the Saudi royal family putting $1B into the market on Tuesday, crash day. No wonder, the Prince has so much invested in the technology sector of America he needs to support his positions! Trying to find an article on that, if anyone sees it, please post - it mentioned the five stocks he was buying including AOL.

To: $Mogul who wrote (94009)	4/6/2000 9:50:00 PM
From: puborectalis	Read Replies (2) \| Respond to of 108040

Cramer's bellyaching..........Founder of TheStreet.com blames media for 'trashing' of stock USA Today NEW YORK - Jim Cramer, the high-energy trader, Wall Street commentator and co-founder of TheStreet.com, says the media is to blame for the trashing his company's stock has taken in the market. ``The stock price of TheStreet.com is set by what I call the chattering financial classes. The financial media reports every day on every wrong move that we make and a lot of wrong moves that we don't make,' Cramer said. ``Everything we've done right gets deep-sixed because it is in no one's interest to mention it.' He was speaking to about 200 professional and well-to-do investors at a conference here to raise money for a charity, the Tomorrows Children's Fund at Hackensack University Medical Center. Shares of TheStreet, of which Cramer owns the most with 3.3 million shares, set a record low of $6 earlier this week. The shares were issued at $19 in May and shot up to a high of $71.25. By August they were back to their IPO price. TheStreet.com sells subscriptions and advertising to its site of stock news and commentary. It has a joint venture with the New York Times to operate an online newsroom and a new London-based site. The company is losing money and recently announced that it would begin offering three-fourths of its site free of charge and raise prices for premium content on the rest. The web site has 104,000 subscribers. Cramer is the site's chief columnist and fires off several dispatches a day from the trading desk of his hedge fund. His magazine columns have appeared in Time and SmartMoney. He offered the stock as the most passionate of three recommendations to the conference. He said he had never before recommended the stock publicly because he did not want to be criticized if it turned out to be a loser. ``I'm speaking up about what I think, because I feel like the risk from $6 to zero is a lot less than from $70,' Cramer said. He called Wall Street's original excitement for the stock ``a crime against humanity.' Cramer argued that the stock is cheap because the company has about $4.70 per share of cash. Thus, he said, the market is wrongly implying that there is virtually no value in the site's brand name, growing subscriber list and new ventures. However, the company recently announced that it does not expect to begin taking in more cash than it is spending until next year. Reached at his office Thursday, Cramer first protested, ``I didn't know that was an on-the-record discussion.' Then he, added, ``I stand by everything I said.'