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To: Aitch who wrote (40014)12/15/1998 7:34:00 AM
From: Kenya AA  Respond to of 97611
 
Hooo-Haaa! Cramer gets booted off SQUAWK ...

From yesterday afternoon's column:

Random musings: You will not see me on CNBC's "Squawk Box" on Wednesday, pending a review of the WavePhore (WAVO:Nasdaq) controversy.

In my zeal to demonstrate how a short squeeze works, I made it a point on the morning of the show to find out if WAVO shares could be borrowed. I had no intention of shorting WAVO; I just wanted to demonstrate that it could not be borrowed and was therefore subject to a short squeeze that could explain some of the stock's behavior of late. I had my firm check to see if it could be borrowed so I could be a more effective co-host, as I never intended to trade the stock. I was just doing my job as a communicator of what is going on out there. The controversy is being reviewed by CNBC. Until the review is finished, you should not expect me on "Squawk" again.

I learned of this action this morning, and after telling my dad, who knows I am on every other week and was expecting to see me, I am now telling members of the site.

I remain confident that, having not shorted WAVO nor having done anything else with the stock, I will be vindicated and be back on CNBC. I do love the show and am very disappointed. I do hope that I can be a part of it again.