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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: lee kramer who wrote (94511)4/24/2000 11:48:00 AM
From: drsvelte  Respond to of 120523
 
Re Cramer:

"Random musings: Just to clear up something, I am not buying Microsoft for our fund. I am buying it to cover our short. If we were long it we would disclose it. We aren't."



To: lee kramer who wrote (94511)4/24/2000 12:56:00 PM
From: Kavika  Respond to of 120523
 
Lee, Cramer says his MSFT buy was a short cover, not a new long.



To: lee kramer who wrote (94511)4/24/2000 1:15:00 PM
From: Lane Hall-Witt  Read Replies (3) | Respond to of 120523
 
Lee -- MSFT: I haven't bought any yet, but MSFT near these levels looks like a steal to me, like DELL at 31 and INTC at 50 last year. I'm waiting on it because I suspect it will be available cheaper still this summer. The institutions are continuing to race for the exits within the tech sector, and I doubt this will reverse in force until mid-summer or so, when they start buying in for the seasonal fall rally.


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