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Pastimes : James Cramer Skeptic Thread -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (237)6/20/1998 12:49:00 PM
From: Joseph G.  Read Replies (2) | Respond to of 1254
 
Look what he just posted:
<<To: David R Linn (234 )
From: James J. Cramer
Saturday, Jun 20 1998 11:59AM ET
Reply #240 of 240

Dave:
I genuinely believed that Dell was being unfairly punished because it was a good clean quarter. In fact, I think the stock would be doing well today had the fundamentals of the industry not taken a downturn again in the middle of May.>> [em added]

In other words, as a true momentum geek, he has a perfect excuse: the stock is great, the stinking fundamentals only stink, business turned out to be not so good, valuation was too high, who could have known?