Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: wily who wrote (39383)	9/30/1998 2:46:00 AM
From: thebeach	Read Replies (1) \| Respond to of 53903

And what makes you think Cramer is big money?

To: wily who wrote (39383)	9/30/1998 3:53:00 AM
From: PaperChase	Read Replies (4) \| Respond to of 53903

CRAMER aka flip-flop man. He's buying MU? Could this be the same man that wrote the article below. I guess with tech stocks it's different, you know the ones with declining year-over-year sales and earnings. <vbG> I can see his defenses now; it's a turnaround situation; it's temporary; etc. Doesn't matter. An investor with many different investment strategies that ultimately contradict each other won't last long. Kind of like Long Term Capital whiz brains who are now almost broke. <G> From: GQ Magazine, (I don't subscribe, I found it in the lobby) August 1998 The One-Day Wonders By James J. Cramer "...First, let's establish what we are looking for in a winning stock. It's a bit hard-boiled, but so is the biz. Let's get one thing straight: We do not care if the product is breakthrough or revolutionary or outstanding or indispensable. We do care whether the company behind the product is profitable. How profitable? Extremely profitable. And getting more profitable all the time. Too high a standard? What do you think Merck is if not a profitable company that grows more profitable by the quarter and the year? And Cisco and Intel and Microsoft? These are not companies that swing from wild profitability to deep red ink..."