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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (41998)	5/20/1999 4:57:00 PM
From: TheStockFairy	Read Replies (3) \| Respond to of 86076

John 3:16 Trend is going down down down. Now is the time to pick the put plays. I would suggest, um, any stock. Market is toast from here on out. If we get another day with DOW +100, I will wear a pink dress around the Y riding an ostrich yelling Yachtzee! Yachtzee! until the guards beat me into submission. TSF

To: Lucretius who wrote (41998)	5/20/1999 4:57:00 PM
From: MythMan	Read Replies (3) \| Respond to of 86076

Listen ButtMunch -g-, I guarantee you I am not very fuc*ing happy at all about the way things are going. You don't need to send RealMan here. I now share a cube with him. And he sits behind me.

To: Lucretius who wrote (41998)	5/21/1999 6:31:00 AM
From: John Pitera	Read Replies (2) \| Respond to of 86076

Making Guilt by Association Pay By James J. Cramer 5/20/99 12:58 PM ET So Providian (PVN:NYSE) gets whacked, down 17 points, on some San Francisco district attorney inquiry. Can you take a blind shot at it because that seems like a hugely overdone move? Normally yes, but this time the stock had just been juiced as a Net play the day before so who knows what to do? Who knows what kind of money is in that stock? I felt it was too risky. To me, the safer plays are the collaterally damaged plays. You could have bought Capital One Financial (COF:NYSE) down a dollar today, and made a quick four points. Right now I am studying whether to buy MBNA (KRB:NYSE), another excellent company tarnished by the collateral damage. Often I find that when a stock taints a group, the best bet is not the tarnished stock but the ones who haven't done anything wrong and got indicted by the market in some sort of guilt-by-association thing. COF was down six yesterday, so that made sense, given the company's strong fundamentals. KRB recently held a meeting and said things are doing quite fine. Now COF, up 4 as I write, is too hard, even though it splits in a fortnight. KRB lacks the pizazz of COF, but I would suspect that in a few days, with a flat bond market, it works its way back to pre-Providian blowup levels.