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The Best of RealMoney: Raining on Our Reindeer Games
By Marty Klinkenberg
Senior Copy Editor

12/9/00 10:25 AM ET


Making your list and checking it twice? And, if you're like me, beginning to whittle marginal names off your holiday shopping list? ("Hmmmm. What did she get me last year? Oh, yeah! Those Frosty the Snowman boxers that I can't wear to the gym in case somebody I know sees me...")

Better find out, then, which companies are being naughty and are the most likely to dash your best intentions.

For instance, if you were going to order the Sony (SNE:NYSE ADR - news - boards) PlayStation2, or if you've already ordered it and are awaiting delivery, this is probably a very good time to start making alternate plans.

On Dec. 6, Bob Gabele, the insider expert who writes for RealMoney.com, reported that Electronic Arts (ERTS:Nasdaq - news - boards), a company poised to sell about 40% of the software used in the PlayStation 2, is reeling as a result of Sony's inability to ship the hottest gift of the season on time.

In It's Electronic Arts -- and Crafty , Gabele wrote that insiders at Electronic Arts sold 175,000 shares in their company on Nov. 27, the same day Sony announced that it was further behind than expected with its PlayStation 2 deliveries. The Sony news led to a downgrade in its stock, and I'm sure some legal beagles in the employ of Electronic Arts are already beginning to look into Sony's contractual obligations.

I always love receiving books -- and therefore give many as gifts -- but you might want to read Jim Cramer's columns about Amazon (AMZN:Nasdaq - news - boards) from this week before counting on them to deliver as efficiently as Santa.

In It's Holiday Time -- Do You Know Where Your Amazon Order Is? , Cramer complained that his most recent order had not yet been filled. He considered that mostly a personal annoyance until someone sent him a note complaining about a similar problem.

That prompted Cramer to ask readers if they were experiencing the same delays, and his column on Dec. 8, Readers Irritated at Amazon, was the result. JJC's conclusion after being buried beneath an avalanche of testy email: Something is rotten at Amazon.

I haven't ordered anything from Amazon, and now I won't, but I have been waylaid by my neighborhood Barnes & Noble (BKB:NYSE - news - boards) book store in beautiful downtown Forest Hills, N.Y.

Last weekend I walked into B&N. While I was waiting at a help desk, the clerk told one caller that the store did not have any of the five titles she was asking about, and furthermore, couldn't order them.

The same clerk then told me that the store didn't carry any titles by the great Carl Hiaasen. Knowing that to be untrue, I took an escalator upstairs and immediately found a half-dozen books by him.

My gist is this: I have not yet received the title I ordered from Barnes & Noble, and I got bad information there to boot.

So the Chia Pets and the singing Big Mouth Billy Bass are looking better and better to me...

What Is Your Favorite Holiday Movie?
It's a Wonderful Life
Scrooge, with Alistair Sim
Miracle on 34th Street
National Lampoon's Christmas Vacation
Home Alone

See Results

The market this week took nearly as many twists and turns as a contested presidential contest. It soared after Alan Greenspan suggested the Fed might ease, and then dipped when one big company after another issued warnings.

Still don't know what it all means, but it provided plenty of fodder for the folks who produce RealMoney.com, and lots of good material for the Best of RealMoney, the weekly column that highlights a few of the fun and interesting pieces you may have missed. As always, I love to hear about your favorites at marty.klinkenberg@thestreet.com.

A few notables, in addition to the aforementioned articles by Gabele and Cramer:

  • Bill Meehan summed up the market's sentiment nicely in his installation of The Meehan Notes on Tuesday morning, and then came back a few hours later with Easy to Say after Greenspan ignited a fire under the Nasdaq and the Dow with his comments. What's interesting to note is that Meehan saw Tuesday's rally as temporary and noted that the indices were not safe because it is warnings season. He was right, as is often the case.

  • On Dec. 7, Don Luskin pledged his allegiance to the biotechnology sector in What Biotech Bubble? To put his money where his mouth is, Luskin bet a bottle of champagne with BioDancer columnist Lissa Morgenthaler. Luskin's wager: The Amex Biotech Index will make new highs by the end of the year. A biotech bubble? He believes biotech bargain is more accurate. And he's hoping for biotech bubbly.

  • On Dec. 6, Jim Seymour took Apple (AAPL:Nasdaq - news - boards) CEO Steve Jobs to task, pointing out that the company's magic is gone, even if it has been very good for investors. As Seymour points out, Apple, whose personal computers are perceived to be consumer unfriendly, is paying for making itself the unsafe choice in the market.

  • Investors will find Chris Edmonds' Natural Gas as an Energy Booster piece from Dec. 5 of great interest. Edmonds wrote that natural gas is quickly overtaking crude as the commodity on which investors, analysts and energy companies are focusing. Edmonds reported that even at prices half of today's inflated levels, natural gas companies will have plenty of room to profit.


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Sorry, the page you requested could not be found

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Content Search:

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TheStreet Directory

Dow Jones S&P 500 NASDAQ 10-Year Note
10,328.89 1,102.47 2,211.69 35.46
Oil *
73.88
UP
20.63
UP
6.40
UP
31.64
UP
0.59
10 Yr
3.55%
SPDR Gold
108.95
+0.20%
+0.58%
+1.45%
+1.69%
Data delayed 20 minutes

More From TheStreet

Latest Headlines