To: James J. Cramer who wrote (201 ) 6/20/1998 11:26:00 AM From: Lazlo Pierce Read Replies (2) | Respond to of 1254
jjc, I have written a few posts here supporting you. In the spirit of the thread though, I am pasting a note I had emailed to you after your appearance on CNBC after Dell reported. Also there was a story you wrote in thestreet talking about your lack of editorial control on thestreet.com (I can't complain about Dave K. an ex-St Paul, Mn guy who is ed. in chief) :-)archive.thestreet.com So I wrote the following to you that day. That was the weekend where you wrote you had computer problems or something, and could not download your mail, and by the time you did, there were too many to get to. Which I totally understand. In fact I'm amazed by the fact you respond as much as you do. Anyway, the heart of it gets to the impression I had that your appearance on that Squawk Box was in fact a cheerleading effort on behalf of your position in Dell. ********************************************* Mon., May 25, 1998 Right on Jim. I always believed that (the above linked article), though on the chat boards there are many who don't. I always thought you were too smart to make a few bucks cheating, when there are obviously so many possibilities in front of you. Not to mention personal ethics, which I believe you have. That being said, I did think your last appearance on CNBC after the Dell report, where you blamed the shorts for taking Dell down afterhours, was cheerleading on your part. The report, while wonderful, wasn't enough to offset the run from 110(pre-split) to 190 in the 3 months following the last report, and I think in your heart you knew that as well..... ************************* Hmmm well looking at it now it doesn't seem quite as hard-hitting as I recalled when I sent it out :-). But the point was, you (jjc) have a gut feeling about these things, and I can't imagine your's that day was after that report and previous runup, that Dell could be going much higher soon (next month or so). Instead you came on the show, and whipped out the standby of shorts taking it down afterhours, to frighten out the weak hands (which obviously does happen often), but it clearly wasn't the case that day. Comments? Dave