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To: excardog who wrote (26725)10/30/2003 5:50:55 PM
From: t4texas  Respond to of 206334
 
cramer is an orthodox apostle of the church of what is happening now. the way to understand cramer is to imagine a hyper guy (with some mannerisms of john bellushi (sp?) when john did the news cameos on sat. night live) who has no long term memory and almost no short term memory. with not much memory it is easy to change directions every couple of days or hours and not even remember that he changed directions (like a goose every day is a New day.). the more emphatic cramer is, the more fleeting the info is worth other than as a contrary trade. i keep thinking that one day he will have a stroke or heart attack right on camera and flip over backwards like bellushi would do on snl.



To: excardog who wrote (26725)10/30/2003 5:51:56 PM
From: William JH  Respond to of 206334
 
The CEO of a big pharma company, Lilly I believe, was on Kudlow and Cramer earlier this week. He claimed to have cut his pay to $1 per year due to the stock's poor performance. They high-fived the man and accepted his story.

After the show someone pointed out that the $1 per year man had made $9 million this year from stock options. To their credit, they reported this and apologized the next day. I guess K & C can't fact check everything that's said on their show, but how could a CEO say something like that on national TV?