Cramer: "Tech: A Matter of Mistrust"
Enviado: 10/4/2007 12:36Cramer continua muito optimista em relação ao mercado mas não tão optimista em relação às acções tecnológicas.
Um abraço,
Ulisses
"Tech: A Matter of Mistrust"
By Jim Cramer
RealMoney.com Columnist
4/10/2007 8:10 AM EDT
"The tech bulls won't listen to reason.
They see positives in the AMD (AMD - commentary - Cramer's Take - Rating) call. They believe there's a reason for AMD's being. They aren't concerned about the balance sheet or the competition. They see a lessening of the price war; they don't see the deterioration of the company.
They ignore the problem at Sanmina (SANM - commentary - Cramer's Take - Rating); they think that a shortfall at a contract manufacturer doesn't mean much. That's ridiculous; it still does billions in sales.
Seagate (STX - commentary - Cramer's Take - Rating) blows up, and the bulls will ignore it. They shouldn't; it's a big company, and it touches many computer makers.
Now Microsoft (MSFT - commentary - Cramer's Take - Rating) gets taken off Goldman's conviction buy list, and Yahoo! (YHOO - commentary - Cramer's Take - Rating) got a downgrade; they won't be heeded, either.
It's nonsense. This group should be avoided still. You can't bottom-fish here. Makes no sense.
With so many areas working, tech needs to be avoided. Almost all of it. Sure, Research In Motion (RIMM - commentary - Cramer's Take - Rating) could be good, although it has run. DivX (DIVX - commentary - Cramer's Take) was great last night on my show, but it could do a secondary. I see Akamai (AKAM - commentary - Cramer's Take - Rating) sneaking back up.
But I don't trust a thing in this sector.
Only the analysts and their acolyte buyers do. "
(in www.realmoney.com)
Um abraço,
Ulisses
"Tech: A Matter of Mistrust"
By Jim Cramer
RealMoney.com Columnist
4/10/2007 8:10 AM EDT
"The tech bulls won't listen to reason.
They see positives in the AMD (AMD - commentary - Cramer's Take - Rating) call. They believe there's a reason for AMD's being. They aren't concerned about the balance sheet or the competition. They see a lessening of the price war; they don't see the deterioration of the company.
They ignore the problem at Sanmina (SANM - commentary - Cramer's Take - Rating); they think that a shortfall at a contract manufacturer doesn't mean much. That's ridiculous; it still does billions in sales.
Seagate (STX - commentary - Cramer's Take - Rating) blows up, and the bulls will ignore it. They shouldn't; it's a big company, and it touches many computer makers.
Now Microsoft (MSFT - commentary - Cramer's Take - Rating) gets taken off Goldman's conviction buy list, and Yahoo! (YHOO - commentary - Cramer's Take - Rating) got a downgrade; they won't be heeded, either.
It's nonsense. This group should be avoided still. You can't bottom-fish here. Makes no sense.
With so many areas working, tech needs to be avoided. Almost all of it. Sure, Research In Motion (RIMM - commentary - Cramer's Take - Rating) could be good, although it has run. DivX (DIVX - commentary - Cramer's Take) was great last night on my show, but it could do a secondary. I see Akamai (AKAM - commentary - Cramer's Take - Rating) sneaking back up.
But I don't trust a thing in this sector.
Only the analysts and their acolyte buyers do. "
(in www.realmoney.com)