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Non-Tech : James Cramer -- Ignore unavailable to you. Want to Upgrade?

To: Stocker who wrote (465)	5/3/1999 9:18:00 AM
From: Adam Weiner	Read Replies (1) \| Respond to of 766

>> He's a "trader" man!!!! - not as much a long term investor >> (his portfolio is about50% trading/50% long-term if remember >> right). It's OK to be a trader and trade from hot news, but you've got to use trusted news sources. I mean, the man has a Bloomberg box doesn't he? It would have taken all of 10 seconds to look on the box to verify if the story was real. >> In the end it's the guy who looks back at his mistakes that >> doesn't make them again. It's great that Cramer shares that >> with his readers. All he has is mistakes to share. What about all those great trades he makes, you say? DELL, CSCO, INTC, YHOO, AMZN - yea, I make great paper trades also. But like Cramer, they don't help my actual return. The proof is in the return. >> By the way, as a fund manager, you don't scan stock boards looking >> for news, that's what you pay Bloomberg/Reuters and gazillion >> $$$/month for Exactly. But this story didn't run on Bloomberg (not the real Bloomberg anyway), it ran on a 'net board. So why pay "gazillion $$$/month" for trusted news sources and completely disregard them? >> Who are you anyway, "the smart money"? Compared to Cramer, I am Einstein money.