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 Coffee Shop | James Cramer Skeptic Thread

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To: Tom Clarke who wrote (1235)6/3/1999 7:19:00 PM
From: Jerry Hall   of 1254
 
There would not have been an IPO if subscribers had not been with him the past few years. Maybe they should have given all subscribers that were with them before Jan 1998, when most investors discovered the internet, a piece of the action. We helped get you there and got a Tee Shirt, maybe.

just my 2 cents

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To: Tom Clarke who wrote (1235)6/7/1999 9:20:00 AM
From: Franz   of 1254
 
The class to let them throw their money down the drain?

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To: Franz who wrote (1237)6/7/1999 9:50:00 AM
From: Tom Clarke   of 1254
 
Look, he was not obligated to offer anybody anything. I thought it was a rather magnanimous gesture to give some of his subscribers a chance to play. To have an outside firm randomly select 5,000 names might seem unfair, but what better choice was there? Anything he did someone would have felt slighted. Yours, Charles

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To: Tom Clarke who wrote (1238)6/7/1999 11:38:00 AM
From: Franz   of 1254
 
Yes, your absolutely right, I was being a smartass, I apologize. He was doing his subscribers a favor, I just don't like the fact that cramer charges for cheap halfassed commentary that can be found elsewhere for free. He simply takes advantage of the newbie idiot for the most part to supplement his marginal stock market analysis and trading ability. I do however feel that TSCM will see the low TEEN's very soon....and I WILL be a short, a stock newsletter is going a bit far even in this market.

No offense to you in the slightest.....just how I feel.

Best-

F~

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To: Franz who wrote (1239)6/7/1999 2:37:00 PM
From: Tom Clarke   of 1254
 
Franz--You need not apologize, no offense taken. As for Cramer "taking advantage" of newbies, I must say that, as a newbie I appreciated the style of the page and the columns which recommended books to read and Gary Smith's TA columns were very helpful in getting started. As you say this information is available elsewhere for free, but I figured $6.95 per month was cheap when you compare the cost of buying the IBD and WSJ daily. Yours, Charles

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To: Tom Clarke who wrote (1240)6/8/1999 12:20:00 AM
From: BILL L   of 1254
 
Cramer is a very bad at making money and giving calls. last week, when net stocks were beaten badly, he wrote that he would stay aside till Fed makes its call. (his article is "does fight the Fed")...
now, looking past, we know that in fact, it was the best time to load up cheap internet blue chips...he missed again..the reason: fear.and fear..though he spoke loud, he had a big fear in his mind. the same thing happened to him last fall, his fund did very badly.

well..we do not really need to take streetcom. seriously...its leader could not make money for himself, no point of listening...

imho on cramer

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To: Tom Clarke who wrote (1240)6/8/1999 1:03:00 AM
From: Franz   of 1254
 
Charles I'm glad you didn't take that the wrong way, but for $6.95 a month, it sounds much better than I had originally thought. Since your a newbie though, why don't you try the "Cabot letter" or "worden.com". Both of those are most likely light years better than good ole James, they don't have any fluff or ego, (straight to the point).

best-

F~

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To: Franz who wrote (1242)6/9/1999 6:27:00 AM
From: Tom Clarke   of 1254
 
Thanks for the tips, I will check them out.

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To: yahooker who wrote (1232)6/10/1999 3:53:00 PM
From: ThomasJeferson   of 1254
 
Was Cramer trying to talk down Amazon in his syndicated column of May 22? He slammed the company, saying they had no prospect of making money. Had he sold it short?
Cramer wrote favorably of eBay, but he did not recommend that it be purchased. So why was it singled out in his disclosure statement that he owned a position? Was he trying to talk it up by not actually recommending it, but if he mentioned it enough and disclosed that he owned it, some people would buy it anyway and if enough people bought it and helped the price go up, that was fine with him? Why didn't he just let his general disclosure statement cover the situation? Who writes the disclosure statements? Why are they sometimes a little different? If he writes them himself, why does he use the third person?
Does someone from the newspaper come to his office and check his portfolio to insure that he has accurately disclosed his holdings? I think that Cramer's columns invite these kinds of questions and this is what Barron's was talking about when it called him a threat to unbiased journalism.

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To: Franz who wrote (1239)6/11/1999 11:10:00 PM
From: Gary M. Reed   of 1254
 
<<<I just don't like the fact that cramer charges for cheap halfassed commentary that can be found elsewhere for free.>>>

Oh really? So there are other websites, for free, where legitimate hedge fund managers share their market thoughts with the masses? Please enlighten us and provide hyperlinks to these sites that can be found for free.

While Cramer may not be perfect, $6.95 per month is peanuts.

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