SI
SI
discoversearch

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 : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: High-Tech East who wrote (36077)10/3/2000 5:41:52 PM
From: Prognosticator  Read Replies (1) | Respond to of 64865
 
I don't know how many of you read Jim Cramer (from this site), but I recommend reading this

So his thesis appears to be "sell when you think it hit its top". This is all very well unless you actually have to pay Income Taxes on your Capital Gains (which I suspect doesn't bother hedge fund managers). When you buy and sell like that, you are effectively taking a 33% correction in your portfolio, courtesy of Uncle Sam.

Ken: I hope you know when to close your puts.

P.



To: High-Tech East who wrote (36077)10/3/2000 8:51:15 PM
From: briank  Read Replies (1) | Respond to of 64865
 
Hey HT, I wouldn't waste my time reading Cramer by here's something you might like to read.
Goldman's Abby Cohen renews tech sector
bullishness
biz.yahoo.com



To: High-Tech East who wrote (36077)10/4/2000 5:56:59 AM
From: JDN  Read Replies (1) | Respond to of 64865
 
Dear Ken: REALLY, wonder if it occurs to him there really is no other game in town. Investing should be a lifetime occupation. I dont believe in market timing, I certainly dont believe in trying to FIND THE TOP cause NOBODY can do that. I do believe that everyone should have 6 mos cash reserves. Most people who get hurt in the market do so as they get greedy, or they panic, or they cant outlast a downturn for financial reasons. I have many years of investing experience, EVEN MORE THAN YOUR FAMOUS CRAMER, I have tried everything. I tell you and younger investors out there only ONE THING WORKS. Buy quality, on dips and hold until something changes which reduces the reason you first thought it was quality to begin with. Over a lifetime you will be very successful with the minimum amount of discomfort. Ask apparently successful people in my age group, with similar investing experience (like Charles) and see if they dont agree. Cramer is an overweight loudmouth who cares NOTHING about your success only his ability to get recognized. JDN



To: High-Tech East who wrote (36077)10/4/2000 1:03:08 PM
From: JC Jaros  Respond to of 64865
 
Re: Cramer -- <singing> " ...I'm a loser baby, so why don't you kill me..." (IMO) -JCJ