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

To: Stocker who wrote (557)	5/19/1999 6:58:00 PM
From: Adam Weiner	Read Replies (1) \| Respond to of 766

>> Almost every call Cramer makes, wrong - not true. You don't >> outperform the market long term by making repeated bad calls. He has underperformed the S&P over the last 5 year period (cumulative). For that privilege, his fund holders paid expense fees + 20% for any money they did make. Cramer waived his fees last year - this sure is easy to do when you have hardly any fees to waive. (what is 20% of nothing?) >> Incompetence....find another career...ineptitude - wrong. Besides, >> that should be jugded by his peers or investors in his fund, of >> which you are neither. What would you call a guy who runs a couple hundred million dollars, but buys stocks based upon "press releases" contained in internet message board postings - and doing so without even taking the 10 seconds needed to verify the story? Or someone who's last two macro-economic calls couldn't have been more wrong - miscalling the bottom of '98 as the top, and now 25% in bonds. It seems that Cramer is only right about things that don't make his fund money - like the nickel 'n dime trades that he shouldn't be wasting his time with anyway. How about Cendant or Fairchild or Hayes? >> Berating someone in my opinion is attacking them personally (which >> is what you and others here are doing). I'll post some of Cramer's snippets later when I have time. >> I've seen Cramer write just as many positive things about >> analyst's as negative. Are you sticking up for the bad analysts >> Cramer has mentioned? I'm sticking up for analysts who don't have a forum to defend themselves. How big of Cramer to bad mouth others when they're not around. He's big and tough when he writes his articles, but he's a marshmallow whenever he has a live opponent. Did you see his appearance on Politically Incorrect? It was a shameful spectacle. I couldn't believe someone could be so pathetic - I would have felt sorry for him if he wasn't such a jerk.