Cramer's Tech Take
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Created by barrons3
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Date updated:10-02-2008

"I simply do not know what it is other than that the analysts are endlessly bullish and like to move stocks a point or two with their calls. The out-and-out pointlessness of this seems to be totally lost among viewers and readers. Tech is simply not a place to make money. But nobody believes it. The height of strangeness in a strange and bizarre market." - Jim Cramer

symbol name last price % change open
  • +
  • RIMM
    Research In Motio
  • $46.50
  • -0.41%
  • $46.30

The strange love affair with tech for so many of our readers is a tad unnerving to me. With the exception of Apple (AAPL) and Google (GOOG) and, for a while, Research In Motion (RIMM), for most of this century tech has done nothing, made you no money, created no value.

People owning RIMM also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B- What is this?

  • +
  • AAPL
    Apple Inc.
  • $92.70
  • +1.86%
  • $90.46

But the love affair persists, and I find it quite bizarre. What's the point of it? Why do we focus, for example, endlessly on Apple, when for all we know Steve Jobs is sick and the quarter's as bad as RIMM's?

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: C+ What is this?

  • +
  • GOOG
    Google Inc.
  • $325.19
  • +0.99%
  • $319.00

Why do we focus on Google when, after all, it is ad-supported and the ad market is in a severe depression. It is a cyclical decline, so when it gets better, Google will take share, but clearly there are better bargains out there.

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: C What is this?

  • +
  • MSFT
    Microsoft Corpora
  • $20.12
  • +3.13%
  • $19.68

Nothing even remotely exciting is happening in tech. Microsoft (MSFT) and Intel (INTC) have been remarkable duds.

People owning MSFT also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: C+ What is this?

  • +
  • INTC
    Intel Corporation
  • $14.55
  • +0.76%
  • $14.45

Nothing even remotely exciting is happening in tech. Microsoft (MSFT) and Intel (INTC) have been remarkable duds.

People owning INTC also tend to own: AAPLAMDCSCODELLGOOGIBMMSFT

TheStreet.com Rating: C What is this?

  • +
  • ORCL
    Oracle Corporatio
  • $17.62
  • -0.17%
  • $17.50

There is nothing intriguing about Oracle (ORCL).

People owning ORCL also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B What is this?

  • +
  • HPQ
    Hewlett Packard C
  • $37.64
  • -0.53%
  • $37.70

I like Hewlett-Packard (HPQ), but only because it is doing a big restructuring because of its acquisition of EDS, and I believe that Dell (DELL) may be falling apart.

People owning HPQ also tend to own: AAPLAIGAPDBABACBAXC

TheStreet.com Rating: B- What is this?

  • +
  • DELL
    Dell Inc.
  • $11.27
  • +1.08%
  • $11.00

I like Hewlett-Packard (HPQ), but only because it is doing a big restructuring because of its acquisition of EDS, and I believe that Dell (DELL) may be falling apart.

People owning DELL also tend to own: AAPLAMDCSCOGOOGIBMINTCMSFT

TheStreet.com Rating: C What is this?

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