James Cramer Yahoo! Chat Transcript -- Part I

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(Ed.'s note: The following is the transcript of a James Cramer chat held on Yahoo! the evening of Nov. 25. Sit back and enjoy.)

Jim Cramer

: I am ready for anything i am ready for hard questions....hit me with your best shots...my fingers have never been this ready--clocked at 180wpm earlier today...I am in the paddock, itching to get to the starting post

YahooMC

: Let's all welcome James Cramer, founder and contributing editor of

TheStreet.com

and a hedge fund manager on Wall Street. He's here to answer your questions about this week's wild ride in the market. Send in your questions now.

Cravates

asks: why did you buy 25% of ACCCB? do you love the company that much?

Jim Cramer

: yeah, I am making a bet on Ron Howard who is a terrific guy and manager

Billqiicom

asks: A stock goes up like a rocket and then, for several weeks there is no news but the stock inexplicably, slowly deteriorates. What explains no-news deteriroation? It's happening, for instance, to VGINF lately but I've seen it in other cases also.

Jim Cramer

: Probably the managers who brought it up are liquidating

Oliversacks

asks: Could SUNW be the next juggernaut and do they have to beat out MSFT to gain market share?

Jim Cramer

: I am long sunw and like it very much but it is no Mister Softee

Jimitee

asks: Jimmy, How does gold behave in a dis-inflationary cycle. You can t eat it or use it for heat???

Jim Cramer

: gold does nothing but go down in inflationary or deflationary environs

Rsfrantz

asks: for cramer...you think internet trading is so great but you don't do it!!!why and how much do you pay per share in commissions and take a ballpark guess on what you pay in commissions per year???

Jim Cramer

: I pay a huge amount of commissions a year. I trade big blocks, cant use internet, but would

Stwiss97

asks: What was your most profitable trade ever ?

Jim Cramer

: The Intel October 80 calls last year ; bought for 5/8th sold for 40!!!

Locutus97

asks: I have puked up half of my oil service mutual fund - do i wait for another virus to get the other half or hope that i have recovered?

Jim Cramer

: Man, get some Pepto Bismol and step back up to the plate

Zyxz

asks: Is it possible Fed may lower rates in first half of 1998?

Jim Cramer

: sure--but probably keeps them intact

DaveEngel1

asks: Do you think that the Vanguard Index 500 is a good investment for more than fifteen years?

Jim Cramer

: I love that fund. The best index fund. Good for someone who can't pick stocks

Locutus97

asks: Which sector fund (health or financial) holds more promise?

Jim Cramer

: financial and health are both great but prefer the former

DoogerD

asks: What would you advise regarding offshore investing and banking?

Jim Cramer

: forget it. I like paying U.S. taxes because I like this country

MrMarket

asks: Jim, Liquidity of market not as robust as it use to be, any thoughts? Adding Liquidity Trim Taabs to

Street.com

was great.

Jim Cramer

: Lots of liquidity. just stay away from little tiny stocks and bad foreign markets

Zyxz

asks: Where are the disk drive makers headed?

Jim Cramer

: lower

Ashly1n

asks: Jim, Which currently active mutual fund manager do you respect the most?

Jim Cramer

: Foster Friess

Oliversacks

asks: I know you're a Rousseau fan. Nietsche called him "a moral fanatic." How 'bout recommending a market philosopher for equity traders (not to be confused with buy and hold Buffetologists and Lynchians)?

Jim Cramer

: How about Livingstone?

JACorso

asks: How does the Iraqi situation play out in our market

Jim Cramer

: not a factor

Abbrafish

asks: is Oracle going to gain value?

Jim Cramer

: dont like the trading in orcl, although merrill says it is okay, i am staying away

Bear_bullish

asks: how do you argue with the fact that the majority of blue chip stocks are over-valued by historical p/e's to record low dividend yields, etc.?

Jim Cramer

: oh, please. Overvalued, undervalued. Market was expensive at Dow 1100

Normcimerol

asks: Mr. Cramer, I watch you alot on CNBC'S Squawk Box, and you seem bullish on the market, as am I. What Stock by name if you can say or sector would you feel is a necessary asset to a growing portfolio.

Jim Cramer

: I am bullish right now, I have been bearish many times. not a fanatic. Like financials, drugs

Donttell

asks: Mr. Cramer, What do you think of the Market for the Corn industry

Jim Cramer

: I like shredded wheat more

Rsfrantz

asks: I remember reading about your mrk option trade...how/when did you decide to start your own business...how much $ under management did you have when you 1st hung out your shingle and how much now-roughly???

Jim Cramer

: mill

Fruitville

asks: When will we see Dow 8000 again? ... 9000?

Jim Cramer

: hey, I will get that karnac hat on again.. When will interest rates be at 5.65%?

Jokeriswild

asks: I just started making covered calls, What do you think of this strategy, and would you have any comments of your own on it??

Jim Cramer

: joker, you are not wild, bad strategy, if a strategy at all

Dshafeek

asks: Is this a bad time to invest in small caps?

Jim Cramer

: small caps--depends on the cap my friend

Mmeiser

asks: let me give you some advice Cramer, buy VNT long and make some real money...

Mmeiser

: i am shorting VNT tomorrow in your face!!!

GunnyMiller

asks: As an investor, I'm hanging with my drillers, techs, etc. As a trader, this hurts like hell. How's a little guy stay on his feet in a marketlike this? I ain't got Bridge, Rueters, etc, etc, etc.

Jim Cramer

: Little guy? Whats the matter with Bristol? Why do you need the pain of a Baker Hughes?

Kossak97

asks: Do you monitor the currency market? If yes, what do you think of the Japanese Yen?

Jim Cramer

: Yen is going lower, i monitor everything

Tecote

asks: What do you think about COMPAQ at these prices, long term?

Jim Cramer

: I wanted to buy compaq so bad today it hurt, but i am long Dell--only need one headache

Paul_ZX

asks: what do ya thing about investing in AMD ?

Jim Cramer

: I looked at AMD dec 20 puts today; nuff said

Taradawn

asks: What is a good "percentage" goal to invest each year...

Jim Cramer

: Hard question--if you like risk 10%, don't 5%

Seinfeld46

asks: what are your top ten shorts

Jim Cramer

: I am short very little here--i dont mind the tape

_lion_

asks: I wonder why CSCO is up there with decreasing sales increases while the threat of Lucent looms!

Jim Cramer

: Oh please--see my piece tomorrow in

www.thestreet.com

Ppptw

asks: When do you think the tech sector will rally again, and which tech sector or tech stocks you like the most??

Jim Cramer

: the tech sector is an industry. it will rally with orders

Longbond

asks: If you could pick 3 stocks to hideaway in your treasure chest and not open it back up for 10 years what would they be?

Jim Cramer

: MSFT, PFE, CSCO

Ppptw

asks: How is Asian problems will effect the US stock market??

Jim Cramer

: Asia hurts some of the big exporters (capital equipt) long term benefits the banks

James

asks: Anything new coming up in the Store that you might want to talk about...you know...for us light hitters!

Jim Cramer

: I see the store after you do, ask

www.thestreet.com

Clancy1997

asks: Do you think you'll ever be an Intelaholic again? What's the long term outlook for INTC?

Jim Cramer

: Not as long as I keep going to meetings and take it one intel-free day at a time

Kelkun

asks: Hi Jim...what's your opinion on Newbridge Networks? Do you think the bloodletting is over ?

Jim Cramer

: NN--bozos

WillieLomen

asks: Mr. Cramer are you the professor in back to the future, and if so why is AMAT getting punished so badly.

Jim Cramer

: nah--he had more hair than I do--Japan orders and korea orders could be vaporized

Anton1860

asks: What makes Dell special?

Jim Cramer

: low inventory, good turns, good customer service, smart company

CMDstar

asks: How far do you plan to take

The Street.com

? It has limitless potential and could really be someting big...what are your plans? What are your responses to your critics who say it can't be done? Go FOR IT!

Jim Cramer

: My critics--I am am making a twoway market in Cramer and not laying off any long risk

KLNash

asks: To what do you attribute the recent strength in MSFT?

Jim Cramer

: MSFT had great numbers, less hostage to east asia.. Those guys are killers

Dclchl

asks: Is Microsoft's growth sustainable enough to command a 51PE?

Jim Cramer

: yes

Peterspina

asks: Is Apple and or gold a buy?

Jim Cramer

: Apple and gold can both be shorted till Armageddon, then I would cover gold, ma

Fil_

asks: What was your biggest losing trade?

Jim Cramer

: This year was Novell!!!

The_shortmeister

asks: Are you getting paid for this?

Jim Cramer

: No

Jsumner

asks: What are your thoughts on the new proposed market circuit breakers?

Jim Cramer

: Make sense; these don't; way too tight

Exton_Plodder

asks: Since its your area, what oil stocks do you think look good for the short-term?

Jim Cramer

: Looked at buying chv and mob today--but as far as it being my area--i dont know about that

Tenmike

asks: what's up with year 2000 stocks? Are they overhyped?

Jim Cramer

: I cant stand them. They suck

Phil602

asks: On January 1, 1997, you were very optimistic about the stock market and 1997 profits. With much more global instability and deflationary pressures, how worried are you about 1998 earnings by multi-national U.S. companies?

Jim Cramer

: I was more worried about bonds then than now; now global inflation in sight is great news

Msrex

asks: is it time to put money in Japan? Has it hit bottom

Jim Cramer

: I like Japan-haven't found the vehicle yet though0-

Silent__1

asks: How long do you believe the choppy market will continue

Jim Cramer

: Until this mutual fund selling period is behind us and money comes in

Rsfrantz

asks: are there one or two good proxy stocks for HK such as chl that you can trade?

Jim Cramer

: Don't care for that market

MrMarket

asks: You wrote that you don't use technical analysis of any kind? Not even general Market data like ADV/DEC line? Nothing?

Jim Cramer

: I look at advanced decline, i am not blind, but I am not a 200 day man

Krachon

asks: i'm tired of averaging down battle mt gold. any hope for this stock or should i pack it in?

Jim Cramer

: It's a loser; sorry

Clayleas

asks: Hi Jim, What is the target annual percent return for your hedge fund and how are you doing this year?

Jim Cramer

: dont make targets--broker speak

Aahashmi

asks: What is Jim Cramer's view on buying computer and component stocks at current prices?

Jim Cramer

: I am long Dell, but not any peripherals or semis

Aicbear

asks: What is the greatest threat to the market...deflation, recession or valuations?

Jim Cramer

: recession-the other two are fine

Briar_wreath

asks: Why avoid Oracle?

Jim Cramer

: why be in it--numbers trimmed yesterday by morgan stanley; scared me

Justinvz

asks: What do you think of Rite-Aid Corporation, symbol RAD?

Jim Cramer

: Looked at it today; haven't done enough homework though

Stockhog

asks: Jim, what is the problem with Kodak, lay offs, stock tumbling?

Jim Cramer

: Fisher--he is clueless; Fuji is good, too

RichPfeiffer

asks: What do you make of the rally in the Baby Bells and the whole Utilities Index?

Jim Cramer

: Signals dramatic slowdown in world growth, which is true

Bearx97

asks: should I be long or short yhoo

Jim Cramer

: I am perpetually long Yahoo, what can I say. Good riddance to Vinik

Zoomer60

asks: Jim,When are you going to have your own show on CNBC?

Jim Cramer

: Talk to the Trading Goddess and to Jack Welch--they are in control

Jimankim

asks: What`s holding COMS above 30 ?

Jim Cramer

: COMS has blown it--i am short it

Taradawn

asks: What is my best bet for a short term investment (less than five years)?

Jim Cramer

: Taradawn--i dont know your style so I am relucutant to name stock or fund

Savly

asks: What do you think of the future of Western Digital?

Jim Cramer

: Ugh

Doringer

asks: Is Wayne Huizuinga a genius or a crook? Should I buy Republic?

Guster98

asks: Any thoughts from the Trading Godess today?

Jim Cramer

: TG doens't like it here, still; she is driving me crazy Why buy from that guy?

Tridacna

asks: How do you think the SE Asia turmoil will impact the traditional year end rally and the "January effect"?

Jim Cramer

: no

Johntee2

asks: How do you view the future for Netscape

NSCP

Jim Cramer

: NSCP==got the clown prince in there buying so look out!!

Oliversacks

asks: Will ASND rise again like a phoenix or wallow in present ambiguity?

Jim Cramer

: no--ASND has also blown it-ASND is not a religion it is a company; not blasphemy

Mhaggman

asks: What mutual funds do you like for long term growth?

Jim Cramer

: Long term: Brandywine, Contra, FIDO blue chip

Niubi

asks: What is your opinion on Data Broadcasting Corp? (DBCC) They just did a Web deal with CBS and announced a new product to compete with Bloomberg. the stock has not done so well over the last year, but of late it has bounced up a bit

Jim Cramer

: i dont like those guys.

Taradawn

asks: Mr. Cramer, why did Yahoo! use such an unflattering picture of you? Did you approve it?

Jim Cramer

: Don't bother me none

Jimfink

asks: The fourth quarter of 1997 looks an awful lot like 1989. Agree? If so, that would imply that January will be down because January 1990 was down. Agree?

Jim Cramer

: Wow, a history buff. Don't see the analogy holding though

Mcguyver1

asks: what do you think of MCI/ worldcom, Att

Jim Cramer

: It's over--missed T==want to hang myself over it, but have hung myself many times over now

Sfret

asks: Outside of techs... what is your best sector pick?

Jim Cramer

: Financials or drugs

Steineman

asks: if you are not getting paid, why do this? big ego?

Jim Cramer

: Oh please. I like doing this. I like talking stocks. You gotta problem with that?

Steeele1

asks: Has internet trading had a marked effect on this market with regards to volitility

Jim Cramer

: no

Ww_97

asks: What do you think of Larry Ellison's push for Network Computers, do you think this is going to become a viable product.

Jim Cramer

: boring, i wish he'd shut up

Sfasching

asks: what did you buy today?

today

: IBM, CSCO, RDC

Genuine15

asks: When do you see a recovery in the disk drive makers like Western Digital?

Jim Cramer

: long cycle--need to see inventories down, production cut==hasn't happened yet

Ghicks

asks: Today, the FCC approved up to 49Ooreign ownership of telecoms companies... since the BT/MCI deal fell apart, where do you think that BT will end up?

Jim Cramer

: Dont care; they are stupid as wood at BT

Tcampi

asks: do you play any of the biotech's? if so which one's do you follow?

Jim Cramer

: No, although

www.thestreet.com

has the best biotech reporter in the universe

Gastion

asks: Are money managers worth the fees?

Jim Cramer

: Depends on the manager; we are not baseball players, all of whom make too much

Cirfer

asks: What is you feelings on SOES trading, I have lost a substantial amount in last 2 months

Jim Cramer

: SOES--Drop the E and send one

RWDavila

asks: Is Boston Chicken a buy at ?

Jim Cramer

: My kids wont use the bathrooms at Boston Chicken; too dirty

Silent__1

asks: Is all your research based on fundamentals?.

Jim Cramer

: yes

Inapart

asks: Is it true that Nikkei PE average still over 40?

Jim Cramer

: 43

Rsfrantz

asks: "where do you make money faster-long side or short side?

Jim Cramer

: short side

Fasteddy69

asks: I am a new to the investment scene and I am about 25 years old and would like to invest around a month what do you suggest I put the money into

Jim Cramer

: i dont know your risks and i dont know your stomach

Ashly1n

asks: When you search for a stock, what are your top three filters?

Jim Cramer

: Jeff Berkowitz, my wife, and the balance sheet

Touchdown_John

asks: Do you like tobacco stocks????

Jim Cramer

: no--they stink

Reenakanth

asks: Why so positive on PFE?

Jim Cramer

: PFE is the key to this market; best mgt; best pipeline

Darth_trader

asks: any truth to the marriage between IBM and ASND?

Jim Cramer

: Darth, you be wearing ASND all the way down, methinks

Charles15_97

asks: Should Intel be concerned with AMD and Cyrix?

Jim Cramer

: no

Jimlaw97

asks: How far will bonds drop?

Jim Cramer

: i dont know--utility index signalling another 50 basis points

T_C_

asks: Would you buy Ameritrade here?

Jim Cramer

: I like Merrill--dont know Ameritrade well, but like the company (advertiser. i disclose)

Gwigas

asks: What do you think of your Bloomberg?

Jim Cramer

: love Bloomberg

Agtmax

asks: any thoughts on satellite stocks, like TSATA?

Jim Cramer

: no

BFrank229

asks: What is it that makes Gateway2000 less attractive than Dell?

Jim Cramer

: They are clueless and I hated their customer service

Mayo421

asks: How will Nationsbank preform after such an expensive purchase of Barnett

Jim Cramer

: You are biased; Nations will do fine; great firm

Bblumen

asks: EDS- is it dead, or what? It just sits there

Jim Cramer

: dead

Chip_rock

asks: What do you really want to do with your life?

Jim Cramer

: Play quarterback for the Philadelphia Eagles, but it aint gonna happen

LTBull

asks: Any thoughts on CPQ buying DEC rumors?

Jim Cramer

: I think they looked at it and passed

MrMarket

asks: How much of recent run up in Bonds due to world financial crisis and how much to fundamentals?

Jim Cramer

: Mixture of both

YakuZaMan

asks: is it worthwhile to try to play IPOs as an individual investor?

Jim Cramer

: nah

Adrian

asks: what do you think of this climate of high p/e ... no fear?

Jim Cramer

: I live with fear as my constant companion and am a bit sick of him but he's not going away

Djameson_33

asks: Jim, Long or Short Vivus Inc?

Jim Cramer

: Nothing on Vivus

Bullstock

asks: I'm a day trader/Soes Bandit what do you think of the future of my profession?

Jim Cramer

: Don't quit your night job

Martypletkin

asks: What do you think of AirTouch communications

Jim Cramer

: Boring

Jeffreyjlewis

asks: How do you like TXN going forward?

Jim Cramer

: I am short TXN-don't like it at all

Tbarber1

asks: What do you think of Green Tree (GNT) since the drop

Jim Cramer

: don't trust those guys

The_shortmeister

asks: How do you relieve trading stress?

Jim Cramer

: I work out everyday

Mcguyver1

asks: what do you think of online gaming (gambling) stocks and online video game stocks

Jim Cramer

: don't care for them; i am a good blackjack player though

Moody_Blues2

asks: What do you think about NIKE?

Jim Cramer

: nike is history

Genuine15

asks: are you still high on telebras?

Jim Cramer

: I am not a drug user

Touchdown_John

asks: My kids get enough of Nick, MTV and Blockbuster, is Viacom a buy???

Jim Cramer

: I am short viacom, but my kids are the same way-but our kids cant read balance sheets

JLivermore

asks: What were you doing during the 1973/74 Market years?

Jim Cramer

: Selling Ice cream to the upper deck of Veterans Stadium

DrZauis

asks: What was the first ever company that you invested in?

Jim Cramer

: American Agronomics--one week later its crop was wiped out by an early frost

Atoth97

asks: What are your thoughts on ERICY and APM??

Jim Cramer

: Id rather be short then long em

Zigzigzag

asks: how is your hedge fund's performance this year?

Jim Cramer

: 46%

Stockmeister_1

asks: Any opinion on GMH -- their satellite stuff looks interesting!

Jim Cramer

: stockmeister, you are back for more--dont like them either

Trader999

asks: Which indicators do you use, if any

Jim Cramer

: The bonds

Doug9186

asks: Jim, outlook on cable industry?

Jim Cramer

: Bunch of jokers

Metzker

asks: Any opinion on Iom or syquest?

Jim Cramer

: IOM has some good products, like them more than the stock

RonMacC

asks: Is FIDO the one selling the OSX stocks?

Jim Cramer

: Yeah, like they tell me. give me a break, they dont tip their hand to me

Mktbull

asks: What do you think of dis and ccl

Jim Cramer

: Love DIS, CCL--who needs it when you can have DIS

Fsusi

asks: What part of trading do you enjoy most?

Jim Cramer

: Taking profits

Doringer

asks: I recently spent 6 months in Southeast Asia, McDonalds is everywhere and is packed all night long. What is your six month target price?

Jim Cramer

: Hey, have you tried the new BK fries--they are darn good. dont like Mcd

Zyxz

asks: What do think of Cabot Newsletter?

Jim Cramer

: He's a hack

The_shortmeister

asks: how long will the divergence between bonds and stocks continue?

Jim Cramer

: 43 hours, 6 minutes and 37 seconds

EngPhys

asks: Do you use the internet for any trading info?

Jim Cramer

: i use

www.thestreet.com

; I dont use BriefQUoteBroadFool

Chipsi23

asks: what do you think of cs, cabletron

Jim Cramer

: serious short there

BJXX

asks: Jim, How much do you use stock and index options, instead of stock

Jim Cramer

: lot of times i use deep in the monies; call and puts--no index

Bloomfieldqt

asks: How about cabot oil and gas?

Jim Cramer

: Same as Cabot market letter; no thanks

Mark_Conway

asks: Do you use stops?

Jim Cramer

: Hey Mark--no--just mental ones

Asarcone

asks: what is the minimum investment for your hedge fund/

Jim Cramer

: I am closed; you can't get in--not selling (not a neg sell, not open)

Mikesilverman

asks: How many stocks do you hold long at one time (usually)?

Jim Cramer

: 30-50

SinnFeinner

asks: throw us a tenbagger jimmy

Jim Cramer

: Tenbagger???? Hmmmm,too hard, I do love CISCO though

Greatsmiles

asks: Is it advisable to diversify into foreign markets as well as Candian?

Jim Cramer

: Canadians are nice

Fil_

asks: What effect will further Japanese bank collapses have on the global markets?

Jim Cramer

: bullish at this point; get those undisciplined jokers out of the game!!!

Ten60

asks: do you trade or flip new issues

Jim Cramer

: depends

The_shortmeister

asks: How much room do you give losers?

Jim Cramer

: About a quarter point's worth of room

Oliversacks

asks: what's the best book you've ever read about the market?

Jim Cramer

: Andy Beyer's Picking Winners

Mcguyver1

asks: How do you know when to call it quits and sell a stock... I just keep holding on and have gotten burned

Jim Cramer

: Never ever give back that profit. Never. Never

Belswick1

asks: How long can Gold stay down with Japan crumbling?

Jim Cramer

: Gold just started its swoon, my friend

Impertinent1

asks: Jim, why dont we ever see you with Jimmy Rogers on cnbc ? I think the two of you would be a fantastic contrast...??

Jim Cramer

: Because I have children at home who might be watching

_lion_

asks: Barton Biggs came on CNBC and said that this was the great tech top and tech are doomed for 7-8 years! Your response!

Jim Cramer

: Yeah; he is not da man

Joe6pack2

asks: Will Travelers/Salomon be a winner?

Jim Cramer

: Hey Cement Head--you bet

JACorso

asks: Jim- How Jim- when is your wife going to join you on one of these

Jim Cramer

: My wife thinks my computer lust is nuts--she is sick of all ofmy on line stuff cept

thestreet.com

Markm_97

asks: Calif. will deregulate utilities in Jan'98., Any good buy's

Jim Cramer

: Yeah, a house in California. who wants a cal ute??

Tenbagger

asks: Jim, what stock have you held the longest and still hold? How long?

Jim Cramer

: Fairchild corp; great turnaround, but it is in registration for a secondary

Investwisely

asks: WHO will win the Super Bowl?

Jim Cramer

: Broncos

Jeffreyjlewis

asks: What about RMBS for investors, not traders? Any chance INTC will take it all?

Jim Cramer

: Oh please--rumormonger somewhere else--

BFrank229

asks: Other than

theStreet.com

what other sites do you like?

Jim Cramer

: No other--I think the other guys will be history in a year--even Mister Softee's thing

Mpborla

asks: Do you believe all the stories in Liar's Poker?

Jim Cramer

: No--he wasn't a hitter. I believe stories from hitters; he was a piker

Moneymoon

asks: Jim, who do you trust?

Jim Cramer

: My wife, my partners, my Dad, my kids, my people in the office

Maroulis88

asks: What rating do you give M.METZ the perennial bear?.

Jim Cramer

: He has made me a fortune every time he opens his mouth--plenty of stocks to buy

Dhkdav

asks: WHAT ABOUT CS RECENT COLLAPSE

Jim Cramer

: CS--they are histoire

Usn_seal

asks: What do think about Buffet buying zeros?

Jim Cramer

: Wow--he's a genius and a bow down to him-- who cares what he does-he's no god

Rsfrantz

asks: how would u play outbreak of hostilities with iraq

Jim Cramer

: Take a vacation

Doug421

asks: Should I buy more U.S. Surgical between -?

Jim Cramer

: Yeah, really great idea. Hey why dont you buy the whole company. Not

Man

asks: where do u see the DOW in late 1998 ??

Jim Cramer

: I think we go higher

Kchen007

asks: will you hold asnd

Jim Cramer

: Yeah, as far away from my nose as possible

Adrian

asks: is peter lynch really as patronizing as he seems to be?

Jim Cramer

: Yeah, he does seem that way doesn't he; rather a shame I think

Moneymoon

asks: Jim, have you ever made a single stock move based on something you've said?

Jim Cramer

: Look. the government turned my life upside down over this issue-that's why I don't talk about any small cap stocks; it is dangerous for me

Jim_kurten

asks: sir another question usd/yen is appreciating does that mean that japanese will tend to invest more in u.s bonds stocks since they will get gould returns good money made when converting money back through usd/yen

Jim Cramer

: We will be lucky if the Japanese have two nickels to invest when this is through

Valuuuman

asks: is Graham and Dodd investing dead

Jim Cramer

: No, just hibernating

(The chat is continued in Part II)