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 : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Srini who wrote (7187)	3/20/1999 1:32:00 AM
From: George Martin	Respond to of 41369

Srini - Thank you for your response. Yes, I agree completely that Cramer will do and has done just fine. Despite his shortcomings as an investment strategist, I do give him his due as a very entertaining and successful self-marketer -- my point was he himself is his "product" not any particular investment strategy, analysis or performance. Also, in my brief period of following along with his multiple daily reports from the "front lines," in all seriousness I felt I learned a great deal by negative example. Although I continued to have a fairly larger number of stocks, I rebalanced and gave a much greater weighting to some the premier stocks like AOL, CMGi, YHOO, WCOM, CSCO, etc. and have continued to do that to the present -- (CSCO was particularly vivid as it declined for 8 straight trading days down to the 40 level, when Cramer was still warning sell, sell, Nasdaq's going lower, etc. !!). That's probably a valuable lesson that all downturns seem to dramatize. Of course the "pre-frothy" and "frothy" are just so much more fun !! Thanks again for your comments -- Good luck George Martin.