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


To: QwikSand who wrote (38342)11/28/2000 8:23:29 PM
From: QwikSand  Read Replies (2) | Respond to of 64865
 
From James Cramer's chat this p.m. on Realmoney.com. Everybody likes to hate James Cramer, but I think he's worth reading even though he has an "agenda". He was a permabull forever. Now he says stuff like the following. The self-congratulation at the end is his normal style.

--QS

street_adlevit-guest: Jim, do companies like SUNW get any credit for reiterating their guidance and basically promising not to preannounce?

jimcramer: No none at all. That is a Sisyphean task during multiple compression time. SUNW will bevalued like any hardware company in the end, nothing special about it. And I like SUNW!

...and later....

mwatkins-guest: Wouldn't you think that neither long nor short is a better place for most of the less nimble folks? Market either starts to heal very quickly or the SPX is going to break down. October lows not far ahead. After that is all new territory but not only for tech. Such a break would definitely increase the tempo of carnage... so my question is, do you believe that "Do Nothing" is often better in such an environment?

jimcramer: At the risk of hurting our own subscription efforts, I think I have written a plethora of stories about how the market is just too hard for most people and they should be sidelined...QS: self-congratulatory BS deleted...