Jim Cramer’s Mad Mail
Cramer told a viewer he doesn’t want to be long Electronic Arts Inc. (ERTS), and he doesn’t want to be in the gaming sector. “I think the gaming business has peaked,” he said, “I don’t think there’s any growth there.” Cramer recommended Apple Inc. (NASDAQ:AAPL) and Google (GOOG) over Electronic Arts. He told another viewer that Starbucks (SBUX) new “Via” coffee line will inflate the quarter, due to bookkeeping. Cramer told the last viewer that he would play the mobile Internet tsunami with Apple Inc. (NASDAQ:AAPL) first, and then look at some of the other names in his “Mobile Internet Index” like RF Micro Devices Inc. (RFMD) and Skyworks Solutions (SWKS). Join the fastest growing community of small cap investors at Stockhideout.com
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Hi Jim,
Love your show. I watch it every day, religiously.
I have an idea that I would like you to float:
If the government taxed each trade, it would slow down the rapid trading that causes massive moves in short amounts of time. I believe that by taxing each trade, it would benefit the small guy by forcing everyone to consider the longer term consquences of each trade. I have the impression that day traders and hedge funds and futures traders damage the markets by moving them rapidly even though the underlying fundamentals don’t support the market moves. Imagine how the markets might be supported if there were a “tax” that forced more conviction. I mean, come on, the governemnt taxes everything else… why not stock purchase and sales! The only people buying and selling stocks can afford this and it would help the US get out of the hole.
Regards,
Tom