To: Grislee bear who wrote (31063 ) 5/20/1999 7:37:00 AM From: Debra Orlow Respond to of 45548
ON TOPIC Speaking of the street.com, did anyone catch the correlation between what James Cramer said on the day that COMS went up due to buyout rumors with a few articles that have appeared recently in the street.com? Someone please correct me if I'm wrong, but CNBC stated that James Cramer had said to sell into that day of rumor-rising, since it was only that. Then on 5/19, an article appears in the street.com entitled "Why Takeover Noise at Cabletron Is at Deafening Levels" by Herb Greenberg. The first few sentences:"From the "new twist on old story" department: Forget the takeover talk at 3Com (COMS:Nasdaq). At least for now. Several analysts say (and/or hope) a more likely target is (or should be) Cabletron Systems (CS:NYSE)...." Now, this morning there is an article in the street.com entitled "Can Plummeting Cable Modem Prices Be Good for Companies That Make Them?" again, by Herb Greenberg. Now, I must admit that I haven't read the article (I don't have a subscription to this - yet another paying newbyte site), but it appears to be negative by the title. I know that Herb Greenberg is not James Cramer, but Cramer is an integral part of this website. And I don't know if these articles by themselves will have any impact on the stock price. But...... Paranoia? I think not. (My COMS position is not that important to me.) Thinking aloud? I think so. I secretly give credit to those that can use their influence in order to make some cash, even though it is a underhanded way to do business. But I thought James Cramer put himself in another category, away from those analyst folk that skew their ratings in order to skew their bottom line. I guess that I was wrong. Debra