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To: Lucretius who wrote (248674)7/7/2003 4:02:27 PM
From: MythMan  Respond to of 436258
 
so do I.



To: Lucretius who wrote (248674)7/7/2003 4:29:17 PM
From: MythMan  Read Replies (3) | Respond to of 436258
 
RealCommentary from TheStreet.com
Impatient Investors Are Driving This Action
Monday July 7, 4:22 pm ET

By James J. Cramer,

You have to feel the bears' pain. You have to. You have to feel the pain of the KLA-Tencor (NasdaqNM:KLAC - News) shorts and the Microsoft (NasdaqNM:MSFT - News) shorts. You have to feel the pain of the funds that are running with "flat" exposure. You have to feel the searing pain of sending out letters that talk about market neutrality, when your investors want action.

I think a lot of today's action came from managers, particularly hedge fund managers, who got the following inquiry over the weekend: "OK, you didn't make me money in the first half, what are you going to do for me in the second half?"