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Technology Stocks : PC Sector Round Table -- Ignore unavailable to you. Want to Upgrade?


To: LK2 who wrote (1559)3/14/1999 12:44:00 AM
From: Frodo Baxter  Read Replies (1) | Respond to of 2025
 
Delicious pan of Jim Cramer and TheStreet.com by Alan Abelson, the only bear worth listening to.

interactive.wsj.com

A recent article in the New York Times referred to James J. Cramer as a Wall Street "triple threat." The phrase, borrowed from football, was meant to be complimentary, of course, equating Mr. Cramer's formidable multi-disciplinary achievements (he's a star of portfolio, print and TV) with the now-obsoleted but once revered back who could run, pass or kick with devastating dexterity. As it happens, "triple threat" is not entirely inapt as a literal description of Mr. Cramer's performance in his various roles.

On television, for example, Mr. Cramer is an unfailing and formidable threat to coherence. In print, he's a threat to objective journalism, since he's an unremitting practitioner of subjective journalism, with only one subject -- himself. And, as hedge-fund manager, Mr. Cramer, whose portfolio was up all of 2% last year (after fees, although what the fees were for, we're not clear), is manifestly a threat to the financial well-being of his limited partners.