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To: jopawa who wrote (16677)2/25/1999 12:25:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 93625
 
John,

From the NY Times article....

>>His columns regularly contain exhortations like this one: "Moral: Never
let a trade turn into an investment. But just because you are an
investor, don't be afraid to trade. I am neither a trader nor an
investor, I am an opportunist. You should be too."


But last year Cramer-Berkowitz, which Cramer runs with Jeff
Berkowitz, stumbled with their stock picks, the partners said in a
letter to investors obtained by The New York Times. It also suffered
because many investors decided to withdraw money in October, when
the fund's performance was deep in the red and world financial
markets were shaky. The letter said that the fund had to sell some good
stocks at a bad time to return that money<<

Gee, looks like Cramer's hordes of traders took his 'investment' advice to heart. LOL.

bp