Word: cramers
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...didn't know what it was. We had never opened a browser. We had never gone on the Net. But we had heard that the deal would be hot, so we at Cramer & Co., my $250 million hedge fund, dutifully put in for our share of stock in the initial public offering of Netscape. We got several thousand shares. And we, along with most everyone who got some, made an absolute killing. The stock, which we thought was going to be priced at $12 a share, came at $28 and then opened at $71. (It peaked at $97.62 on March...
...privilege who attended Horace Mann School in the Riverdale section of the Bronx, N.Y., Princeton and then Harvard Law, has studied or socialized with a lot of these Wall Street types. "I have friends in the industry who think I'm doing the wrong thing," Spitzer says. James Cramer, an old friend who does market commentary for TheStreet.com and other media, is blunter: "Everybody on Wall Street hates this...
...went on to Harvard Law, where he wrote his way onto the prestigious law review. Market commentator Cramer, who met Spitzer on their first day, tells an anecdote meant to show the roots of Spitzer's rectitude. For a criminal-procedure class, Cramer says, he organized a group of students to alternate attendance and share notes. Spitzer, he claims, thought it was gaming the system and threatened to tell the professor. Spitzer says it's a good story but untrue. Either way, Cramer's tale is revealing (about both men): "Eliot was earnest in an atmosphere where you felt stupid...
Nevertheless, Harvard has had trouble containing opposing team’s number one receivers all year. Brown’s Chas Gessner, Penn’s Rob Milanese, Cornell’s Keith Ferguson and Dartmouth’s Casey Cramer have all racked up over 135 receiving yards against Harvard’s secondary and each hauled in at least one touchdown against the Crimson...
Nevertheless, Harvard has had trouble containing opposing team’s number one receivers all year. Brown’s Chas Gessner, Penn’s Rob Milanese, Cornell’s Keith Ferguson and Dartmouth’s Casey Cramer have all racked up over 135 receiving yards against Harvard’s secondary and each hauled in at least one touchdown against the Crimson...