Tuesday, March 07, 2006

Mad Money Transcript -- Tuesday March 7th, 2006

Here's my first transcript of Mad Money. I hope to make this a regular thing, but I'm not always home to set the recorder to fetch the closed captioning on the show. The transcript is a bit messy, but my first goal is to put it up, my second goal is to have it nice and clean for you to read.

I'm Jim Cramer coming up is "Mad Money." Once again a stock I used to hate but not anymore. You know what that means. There is moolah to be made. And, a pimp after stock for your pleasure. The countdown to Mad Money begins now!

[The captioning on this program is provided as an independent service of media captioning services, which is solely responsible for the accurate and complete transcription of program content. Cnbc, its parent and affiliated companies, and their respective agents and divisions, are not responsible for the accuracy or completeness of any transcription, or for any errors in transcription] Jim: Hey I'm cramer! Welcome to "Mad Money"! Have I told you lately how much I love this show? Yeah. Okay. Other people want to make friends. Me I just want to make you rich. Because my job is not just to entertain you, but to educate you. You sho your job. You should call me at 1-800-743-cnbc. Last night, there was a special two hours of "24" on fox!.

Hallelujah. Jim: Don't I compete with those guys at 9:00 P.M. Every monday night? And I don't care. Cramer gives credit where credit is due! "24" is the best show on tv

[Applauding] Bads you can always watch cramer at 6:00 P.M. Or 12:00 A.M. If you missed him at 9:00. Why am I telling you about "24"? Was it untimely death of edgar? Because it's a great show? Did somebody write me a check to promote their show?

[Cash register ringing] Am I hoping they will give "mad money" a little promotion in exchange for my good press? Brian Grazer? Please, there is only one reason I talk about anything on this show, that reason is, I'm trying to make you money.

[Cash register ringing] And sometimes, it's always good to talk about things likeself a grand diesment but that's neither here or there. "24" can make you lots of money. It can make you money because watching "24", makes everybody in the nation, and particularly vice-president cheney, long for a fascist police state, if not run by president logan or at least some serious vigilante justice! . Look when cramer wants a police state he wants to buy, fluor systems, flir.

-- Flir. Doing a 'mon back.

[Truck backing up] Now, I am not going to go all michael moore here, you know. I'm not going to give you the gestapo is coming wrath, tiresome. But I do know we're spending a lot more money

[Cash register ringing] As we should, on security and surveillance. That money, is going to flir. Which is a thermogra if I, imaging powerhouse. Infrared technology, anything that helps you see through things, that's right, seeing around the corner, that's getting major pentagon money. Instead of buying body armor, the dod buys infrared cameras. You don't have to like it. You just have to buy flir so you can try to make some money off it. Last night aid another thought about flir. Came to me. I was thinking about this dubai ports deal. Doing some armchair political strategizing. I figure there are two ways this whole controversy can be resolved. Either the democrats company outxenophobe, out racism and outdemagogue the republicans by lining up against the united arab emirates and stepping up, with some of the more rabid republicans to kill the deal. One choice. One choice. Or, flir can make money! I don't think the democrats are going to be able to take out dubai, and that means that pretty soon, the united arab emirates, a theocratic, leaning set of hereditary monarchies, are going to run some of our ports. Even chertoff homeland security guy, he says two thumbs up. When the U.A.E. Is the running the harbor in new york, we're going to need more security. And not just to keep the uss st. Louis out. We're going to need to take the security out of the hands of dubai and take care of all of it ourselves. That means more surveillance. So of course it means, more work, for flir! Luckily, flir makes some stuff for port security. Get this. They have a device that helps detect intruders on ships when they're in the harbor. Hey that's not bad. Do you know piracy made a big comeback. Bad guys, are stealing ships. They can use infrared signatures, to monitor and identify different types of ships and cargo. This let's them check for smuggling, and other illegal operations. See, infrared imaging can provide information you won't get from video cameras or radar. Plus, flir, has top of the line night vision gadgets that let ships see further through fog and smoke.

> Hallelujah.

> All aboard. Jim: Flir could be the solution in the ports controversy. They out fitted coast guard with a whole new set of infrom red scanners. Why not outfit them with everything and stop worrying about dubai

[Baby crying] Buy, buy, buy most of flir's money comes from the military and that should continue. But it's possible they could make a killing

[Gunfire] In port security. The company has been en fuego lately. They had a big margin jump last quarter. Even though they missed the revenue estimates in 2005, they managed to still make their earnings target

[Applauding] Which means, flir is, good in a tight spot. The bottom line! If you want the best jack baur, slash, port security, slash, police state play out there, I think, you want, flir! Andy in the garden state we're talking about "24", watching cramer at 6:00 and 12:00 and if you watch "24", just kidding. We're talking about security, surveillance and, how flir is your play! Booyah!.

> Caller: Booyah jim. Jim: Excellent way to start the show, my friend. What are you thinking here, skip?

> Caller: I love the show. Love the book. Have to get that out of the way. Jim: Holy cow he must be talking about jim cramer's real money sane investing in insane word world. Dropped to 33 on amazon's list. What's shaking?

> Caller: I want to know is there room for commercial growth for flir or do you think the high prices will limit commercial sales for their products? Jim: I have to say candidly, andy, you have obviously done your homework. We would like to see some diversification away from homeland security. The diversification happens to be in autos. You know how I feel about the auto business.

[Toilet flushing]

[Heart monitor beeping] So I'm not going to count on that. I am counting on the department of homeland security writing gigantic checks in order to get everybody off their back. That is something worth counting on. John in wisconsin, we're talking "24", watching cramer 6:00 and 12:00 if you happen to watch jack baur, kidding of course and talking about security and surveillance and flir. Let's make some money. Speak to me, john.

> Caller: Hey, jim, big beer and bratwurst booyah to you from milwaukee, wisconsin. Jim: Tell you something that is the beer that made milwaukee famous. Booyah back at you.

> Caller: Flir systems I understand they're working with alv, on infrared lighting technology for bmw. Auto live main customers have been ford, general motors and renault with this new customer in technology in mind what is the pin action look like on alv? Jim: I have thought about this because again, that infrared technology, you see in the ad, that one has bambi caught in the headlights and the car stops? Hey, where is thumper when you need him? Here's the deal it's not big enough market. I know again, we want to try to figure out how they can take this military technology, and drive it to commercial. Kind of like, tang and nasa, you know what? We're not going to play that game game. Auto liv. I say no thank you. I say no thank you to FLIR. I say no thank you to dana. Bottom line I need to you buy flir and I need you to buy it now!.

> All aboard. Jim: The railroads still has legs. Doesn't mean you go out and buy burlington-northern, norfolk southern, csx, or union pacific sell sell, sell, sell, sell. Sell, sell, sell. Jim: I said the railroad. Not the railroads. Singular not plural. I've been I've been bullish on the whole group ever since "mad money" start the almost a year ago.

[Applauding] . If you bought these stocks perhaps on my recommendation, or somebody else's for that matter I think it's time to

[Cash register ringing] To ring the register on most of them. The major rails? They have had a good run. They can't grow anymore. Because they will never get just justice department permission to acquire, anyone else. This is not a telco situation. That's why I'm hunting for a railroad

[Train crashing] That doesn't do this. One that still has opportunities for tremendous growth. And I think, I think, I have found it. Needle in a haystack. I'm talking about, one guy, the genesee and wyoming. It's greatest little railroad you never heard of. Trade under gwr, schnitzel, a little of this. Write it down-home gamers. Gwr is short line railroad company. Th]3b only think, 47 different short line railroads. You remember the monopoly? You had the big main line railroads like pennsylvania railroad, the reading and the B & O. Then there was the short line. That my friends is genesee & wyoming. For those of you not steeped in railroad terminology who don't know what demurage means, short line sounds exactly like what it is. It takes freight or passengers, in this case mostly freight, fairly short distances. The short lines are now, where the money is. You try making a dime off a transcontinental railroad these days. It can't be done! Don't be don't be persuaded it can be. Oh but hauling freight short distances is making genesee and wyoming a fortune

[Cash register ringing] Last quarter they grew their american revenue by 2% year-over-year.

> Hallelujah. Jim: It's pretty good growth for a company in an industry that's been obsolete and written off for dead for decades

[Heart monitor beeping] If you look at the a one-year chart which is what I got from "investors business daily", you can see, that gwr has been kicking butt for months. I have no doubt that they will keep up the momentum. See, genesee & wyoming is doing something very clever, they're the short line right now. But they're trying to become something a lot bigger. This is a serious growth story albeit is quirky one. Have you ever once seen once any one use the word albeit in conversation? I just did it. They're turning themselves into a huge railroad company but they're not laying down track like john henry, they're buying other railroads. That seems normal, right? The thing is they're not trying to create main line railroads with their acquisitions. Genesee doesn't want to become the b and O. They want to become a lot different. More profitable. A better short line company. That's the secret of their success. Buy, buy, buy, buy, buy, buy. They have a model that works very well.

> All aboard. Jim: And they're just duplicateing it. Rather than trying to create something useless like another big main line railroad.

[Heart monitor beeping] Wyoming is also, how do we do this and still be statesman like, we can't, it's also a pimp. They took ludicrous's sage advice, see him the other night on the oscars, and they're pimping themselves all over the world! Right now they're cleaning up in australia. They're selling their stake in a railroad in western australia because it is worth more to the buyers than it was to them. Much like someone might sell a railroad in game a monopoly or perhaps mortgage it. They're taking hundreds of millions of dollars in that sale and plowing some of that into a 'mon back into the southern australian railroad. Truck

[Truck backing up] They own a piece of t soon they will have 100% stake. Then they can consolidate earnings. Rest of money will pay down debt. Even better to fund genesee and wyomings acquisition pre. No other railroad can have a acquisition spree without running afoul of the justice department. They want to buy other short line railroads in america. Make no mistake. This railroad company knows how to acquire. The stock is up more than 80% since they bought rail management's rail operations almost ten months ago

[Applauding] They buy the short lines and turn them into money making machines. P> [Cash register ringing] The bottom line! I didn't want to do this then again it's been said that I have noself control. Genesee & wyoming, gwr!.

> All aboard. Jim: How about we go to massachusetts. How about we speak to why. Ael. We're talking about railroads, short line railroads to be exact and jennie cream and wyoming the greatest little railroad you never heard of.

> Caller: Booyah from the bushes of beantown. Jim: What is on your mind chief.

> Caller: My husband and I love your show. I heard about american railroad system being ready for the upgrade. Jim: Thank you.

> Caller: Which companies do you think are ripe for profit? Jim: Okay. Which companies do I think can actually, benefit from the infrastructure change that I see coming over the rails?

> Caller: That's right. Jim: First I have to say parent company of this network, general electric makes the locomotives. So I have to consider that. But that would not be a reason why I would recommend ge because it's just a small fraction of the business. Let me give you a smaller play that intrigues me because it is down 5 points from its high. It's called portech rail products. They make rail anchors. Rail spikes, rail joints. Railway friction management. They, are your play. Matt in new york, we're talking about railroads, short lines, and genesee & wyoming. Also known as jennie and wyoming the greatest little rail you never heard of. What say you?

> Caller: Hey jim. Booyah!. Jim: Oh man that's empire state booyah! I like the sound of it what's on your mind?

> Caller: Let me say I was walking through the cvs. Had a bad cold. Got Zicam. Jim: Talking about making money hand over fist. We did mr. Mucus almost made a double. Then again we probably screwed up on things so let's not cherry pick. Get the issue which is jennie cream and wyoming.

> Caller: Here is the question I got for you. With the success of genesee & wyoming, what do you think about the railcar manufacturers, specifically american railcar? Jim: I cannot be opposed to american railcar. One of the single best ipos of the last four or five years. But I stick with tried and true, my friend and I think that trinity is cheaper. Bottom line, genesee & wyoming, you need a short line. You need gwr!.

> Announcer: Coming up we have a cramergency. Jim electrifies your portfolio as he answers your stock questions in "the lightning round". Jim: It's time for a special baby bear, here's a little water -- lightning round on "mad money"!

> All aboard! Jim: What's that all about? I take a call, rapid fire, say the name of the stock and I tell you whether to buy or sell it, to be clear, do I have any prior knowledge? Absolutely not! I am the man from the 39 steps. My staff prepares the graphics on the fly and when you hear the miserable, horrible sound I'll continue to play because I am a belligerent son of a gun, hey, just a second. I look at you and I think about william pool, the rogue federal reserve governor who went and said how we need more rate hikes, how we should destroy the momentum stocks and how the federal reserve should overshoot and wipe out the stock market and I think, are you ready, skee-daddy? Lightning round, "mad money", how about we start with kevin in the illini. Kevin.

> Cramer. Jim: Kevin!

> Fighting illini, booyah to you. Jim: I like that a lot, at the top of the show.

> Just -- the book was awesome. Jim: Owe book, my, dropping on amazon, no matter what I do, jim cramer's real money.

> That was it, one request for you, if you can do it, buddy. Jim: What you sghoot my 15-month-old daughter loves going into overtime in the lightning round. Jim: I will go overtime in honor of your 15-month-old daughter and she rocks and you rock. Let's make money.

> I'm looking at tasr, taser international. Jim: While taser may save lives the stock does this, to me...

> House of pain! Jim: I would suggest you sell it while you got a couple of points from where it was lower. Wayne in connecticut.

> Jim-bo. Jim: Wayne!

> Loved the book. Jim: Oh, yeah, man, the book, gotta do something about the lagging sales. What is on your mind.

> Fidelity, the magellan fund's largest holding is nokia, and I would like to know your stock.

> Nokia is going higher, I think it sees 21, and the mojo is back and I'm back for nokia. How about we go to robbie -- robin in california.

> The famous jim cramer. Jim: I'm not that famous, but appreciate the -- yeah accolade.

> I'm just back from visiting bangkok sending you a big buddha booyah. Jim: Holy cow! I gotta tell you, that is a thigh back booyah if I ever heard one, what is on your mind.

> Excellent. Love the show and love the cramer -- cramerica. Jim: It rocks snoop my stock is dynergy. Jim: As oil comes down you will be sucking wind there. And I want you in the house of pleasure, a couple good quarters and you'll get 'em, which is why I say stick with dynergy and may I throw in more rant and el paso, I call these lazarus stocks. How about to peter in new jersey. Peter!

> Cramer! Jim: Peter!

> Booyah! Jim: Booyah, my sfleend just got your book! Jim: Wow, what is on your mind.

> I wonder about pay. Jim: A monster quarter, when I look at companies that do great quarters, if they had the term great quarter in the dictionary, they would have a picture of var phone holdings. Stick with it. Many more to come because hewlett picard gave that one away. Brian in maryland, brian!

> Hey, hey-you. Jim: A dynamite booyah.

> I'm sorry. I'm dyslexic, that was supposed to be booyah, jim ji that is booyah spelled backwards. What do you have.

> Sara lee. Jim: Everybody hates sara lee and shouldn't, the dividend is good, two quarters away from whatever, may I suggest, sell the poorly performing divisions to treehouse and then you will get my full endorsement to 20. Jennifer in the illini. Jennifer!

> Booyah! Jim: Booyah back at you!

> Reading a good book last night. You want to gets -- what it was. Jim: Anna Karennina by Tolstoy.

> You're close! Jim cramer's "Mad Money". Jim: Oh, man, right up there with tolstoy and perhaps the glambler by dostoyefsky.

> I'm in a man -- mansion of pain, what is going on with bhp-billiton. Jim: You would think after the great quarter the stock would go higher but no good deed goes unpunished in the stock market. I think people worried because china put a cap on iron ore, will not import as much and bhp is the big iron ore exporter to china. I say do not be discouraged, the quarter was magnificent, cash flow continues, the stock probably trades at 3irx and that is where I, for actionalertsplus.com, my charitable trust, will pull the trigger and buy more and you should, too. David in tennessee, volunteer me, david!

> Jim, how are you today. Jim: Not bad, thanks for asking, how is your day going.

> Great, a big booyah from tennessee! Jim: Oh, man! I tell you, volunteer boof booyah, I return it.

> What is your take on forward air corporation. Jim: I am a fan of the freight forwarding business, go to forward air's site you see they are one of the bigger players between canada and the U.S. You have I am very pro canadian and think forward air is good and still like best of breed. Fedex, though. Now to donna in nevada. Donna!

> Jim, jim! Booyah from nevada! Jim: Booyah to that state where they make money on a daily basis!

> Yeah, I want to make some on this, too. Jim: I don't blame you!

> All right, ups. Buy, hold --

> Give the the gamut and by the way, ups according to my chartis friends, the best chart in the book, I think ups is at last about to make a move. It feels coiled springish, I want to buy, I think it should be bought, and should go to $81 if fedex keeps going higher. How about we go to cliff in florida. Cliff! Sunshine!

> Jim! How are you? Jim: Pretty good, not a bad day, and you?

> I'm great! Jim: Excellent, thanks for asking.

> What is your target on first marble head, the stocks up --

> You know what, they ought to throw a flag on that, because it is starting to run up the score against the bears but you know I like that. Whenever they give the bears a good gaffing I have them make -- I like the show. Fmd, tom brown was right, there was no margin problems, it continues to roll up, I don't want to chase it at $44 but if that went back to $40, we'd do a c'mon back on the much maligned student loan company. How about to alex in oklahoma. Alex.

> Hey, jim! Best convenience store company in the nation, want to give you a big booyah. Jim: I like that. I like that concept, pantry, too. What is on your mind.

> My question is about intel with apple computer switching to intel chips and $300 million plant in vietnam, does it mean they are on the way up.

> Vietnam I think they call I now listen: Intel, has been a dog of a stock, one completely canine, total bow-wow and I'll say this and only once because I am an ambassador of good will, if not a states man, but if paul otellini doesn't leave the company soon, the ceo we are seeing $17, because he is no good. I want you to take the program and stop being intel-aholic. I'm day 17 and I'm feeling great. How about we go to drew in call fortunate. -- California, drew.

> Booyah, jim! Jim: Booyah!

> The -- your sister from california. Jim: A golden bear booyah.

> Yes. My boyfriend and I, we watch your show all the time. Jim: Really? What you do you like about it.

> We love it. Jim: Maybe the kpen tris tis. What is on your mind.

> I'd like your opinion on axba. Jim: -- Axca. Jim: Tough, tough call. This is one of those companies that, like there are 17 of these companies working on the -- I don't know more of a family show, let's call it as we see it, the irritable bowel syndrome, too much competition in the irritable bowel syndrome market, I want you to sell the stock. Charles in louisiana. Charles.

> Booyah from the bayou, jim cramer. How are you doing.

> I'm all over the bayou and let's remember, fema doesn't get the job done, we need more money going to baton rouge.

> I want to drop cash on floi international, will I make "mad money" or will it make me mad. Jim: The company, a 25% growth rate, sells at 50 times and you are getting a little bit of the nose bleed territory but I like companies that do ultra high pressure water jetting, because that is how we get to the hard to get oil and in other words, here, if we schnitzel it down a couple, $12 would be my level. How about to maria in south carolina. Maria!

> A sunny southern south carolina booyah to you, jimmie! Jim: A palmetto booyah back at you!

> What can you tell me about arcadia pharmaceuticals, acad? Jim: Boy, you know, I went out positively on the acp 103 drug and I think that is going to be -- a potential parkinson's issue, I have seen the parkinson's ad. I have to tell you, we have to stop the disease and if someone stoipts it will, akad yeah which remains one of my favorite of the biotechs. Joe in new jersey, joe.

> Booyah! Jim: Oh, man! A whole dorm full of booyahers, don't you love that? What's on your mind.

> I wanted to know, I loved the book. Jim: Oh, man, the book, which could use help because it is dropping like a stone on amazon. All right. Sovereign bank? You know, I like customers' Commerce Bank and own it for actionalertsplus.Com. You know I happen to think that even Citigroup and Bank of America bottomed, but now you are talking about a bank that I think personally has not tried to help its shareholders. It is not doing the right thing. There is a lot of shareholders crying. Wrong, what they should be doing is --

> Sell, sell, sell...

> Vote with your feet, Sovereign Bank. Watson? Dr. Watson, I presume or perhaps Mr. Watson, in florida! Speak to me.

> Mr. Cramer --

> My dad, get him on the -- just kidding, what's on your mind.

> Al, has been as high as $50 and you recommended it high at $45 and I bought it at $46 and now is down to $43, and was I a fool with --

> It wasn't me. It was him. Blame him for it, it wasn't me, I -- no, now just a second, enough of the bipolar schizophrenia, I stuck my neck out big time and has been cut off by alcan and here I am standing in front of you, somewhat naked or could take my pants off and I tell you it is a double, if not a triple buy. I know what I'm doing. I am slitting my throat a second time. This time aiming for the carotid artery but I like alcan, ryan in kansas, flat state, good place. Ryan.

> Cramer, what's going onnot much. Doing a little lightning round, what you got going.

> Not a lot. Jim: Glad you gave me a call. I'm looking for some stocks.

> Good deal, what are your thoughts on ubs? Jim: Holy cow, can you believe there are two fabulous asset gathererers in the country, actually, like ludicrous the world, one is ubs and the other is legg mason because citigroup is selling a lot of legg mason people are selling ubs to buy lm and I can't blame them, ubs, 52-week high last week but don't walk away, because that is a major bull market. How about elizabeth in maryland. Elizabeth.

> Hi, booyah, baby! Jim: Oh, yeah! Oh, yeah! What's up?

> H and e equipment services. Jim: All right. The heavy equipment industry has been taking it on the chin --

[Buzzer sounder]. Jim: I have a heavy equipment rap I think is unbelievable and I'm going with it. H and e equipment is part of a cohort that includes shaw group, flour corporation, chicago bridge & iron and caterpillar, all come down, I think you swap out h an e, and go schnitzel some shaw group. And how about dave in utah, dave!

> Hey! Jim: Dave!

> A utah booyah! Jim: Excellent, bee state booyah back at you!

> I wonder, the ups and downs, coming to market and --

[Inaudible]. Jim: Huh? How about a stock?

> I wondered if yahoo! Is still a good goods

> Jim: you mean yahoo!. It has just been ya-hammered. I gotta told you, I fortunate the charitable trust -- oh, please! In the middle of when I'm making my stand, yahoo!, That is unforgivable. I say that is -- stricken. We are going with it. Yahoo! Is very ripe here at $31 and today it was up and I think it is making a stand and I would own yahoo!, And do for my charitable trust and I want you to stay with cramer!

> You're watching "mad money." This is not business as usual. Jim: Listen -- it is the time of my life I wasn't a states man and would have turned to herb greenberg and to quote travis bibling, hey, sport, house the subpoena business, but we're out of that game. Herb greenberg, I hear that you have -- I can't believe this, the talking about the next place that alan greenspan is going, I hear you got something negative to say about one of the most picture-perfect quarters I have ever seen in my career, sunrise senior living, you have the floor. Maybe you have -- but I'll pull the rug out from beneath you, if you say anything bad about night sometimes I really wonder how much work you really did on the company, because, this -- have you really taken a close look at it, jim, here's the situation goods yeah, the whole time it went from $20 to $35 I took a close look.

> The shorts and the bears and critics were absolutely wrong. But here's something you have to look at here. The company's base business, same-store sales for the businesses they own or have an ownership piece in, are really just growing, jim at 3.3% a year, that is after you take out price increases, and that is not very much, the rest of the company has morphed itself into a management services company. I gotta tell you something. This is one of the most difficult companies to understand. There is an analyst from lehman brothers that wrote a report last quarter that said the accounting is so opaque, just by the nature of it, it will make it difficult for people to understand and will cause a bit of a stir. And --

> I lift, a great demographic play, two thumbs up. And the next wurntion I obviously have a bit of a disagreement with you on sunrise, given the fact the stock does nothing but go up. We happen to have had a ceo from marchex on last week and it has begin a win and you see flies, if not hair on the story. What say you.

> A roll-up of on-line advertising and domain name sites, okay? And if you look at everything that the -- at the company before they made the big acquisition earlier this year of a company, name development, if you look at the core, the core business, organic business, organic growth you say, how much is it growing? It isn't and when analysts asked about it on the conference call the company danced around it every which way and talk to the company and they say don't worry, in the future we'll take all of these, they call it direct navigation businesses and make something of it, wharn misdirected to another site or put a name in the url you didn't mean. Jim: I love the business.

> It is profitable but does it have legs? You know what the company says, beta, beta, beta, in other words, a manana story. Jim: And you're a pinata guy, I like that, too, give me something I don't like, harley davidson.

> This is interesting, came in today, an analyst is the first to find it at J.P. Morgan, and our show, "mad money", many months ago, we first told people, that there was an issue where they had --

> What is the "we" stuff, keep sab.

> I, I, I on your show, talked about the warehouses they had, the dealers were able to use and the company said they had been using it since the '90s to put the bikes they don't have room for --

> You are telling me there is a warehouse full of harley davidsons like krispy kremes.

> We don't know, the company confirmed to me today, and said we will not do this anymore and don't tell you why. Just say they are changing programs. Jim: I'm going bearish, to join you my friend, hey, one for three is not bad, almost as good as ted williams, you stay with cramer. That is greenberg.

> "Mad money"'s celebration

> Booyah! Are you ready, skee-daddy. Jim: For less than the price of a decent sandwich, if not, a super-sized value meal big mac, I got a stock that should make you some "mad money". Oh, boy, I don't want to hear it. This is how much I hated the stock. The stock is applied micro circuits, amcc. Like every other tech company I have been really getting behind lately and you know, they have been c'mon backers, amcc is part of the optical networking complex. It is also -- has also been a real dog. No, I apologize for that. I did not mean to insult any of you 50 million pet owners. This stock has been dog food. Now I know all these networking stocks were really high in 2000. And they all came crashing down. Amcc is no different there, but since the tech bubble popped, these guys have been a lot worse than the rest of the complex. I've hated amcc since it came down to about in -- $3.70 from trading in the hundreds in 2000. Hey, you can go back and scroll realmoney.Com and it was one that I nailed. I hated it in the hundreds, should go without saying and I haven't just hated it because optical networking has been soft, amcc was worse than any other stock in its sector, the pro verbeum worst house in a real bad neighborhood. If we want to really just completely just be layinger and befuddle and confuse people by using one of those metaphors. It would have been the first one bob moses bulldozed to make room for a highway. Amcc had a big problem. It made optical chip components. But these components were the last part of the networking food chain. You never, ever want to be at the bottom of the food chain in a bad industry. It is great to be on the bottom when the industry is strong, think about corning, cleaning up because they made the screens for liquid crystal display tvs. Oh, but the bottom, the bottom is the worst when things are bad. A company buys a network from cisco and cisco buys chips from a buning begun up. Of suppliers and the pliers have their chips made from the amcc and they weren't even the minute knows in the food chair, they were like the plankton that gets eaten by the minute knowses and I'm not speak of plankton who, by the way stole the ravioli, ravioli, show me the formioli in sponge bob, for the past you goors, the business has been out of balance, too much supply and very little demand and too many chips for networks and not enough demand from cisco, too many components made by amcc and not enough demand for them from the chipmakers. It was more this than that. It was just miserable all the way down. Which is why this stock is trading under 4 smackers. But now all that changed. Supply and demand aren't justin equilibrium, no, that is economics jibberish, by the way, it is better than that. Components for optical networks are in -- you guessed it, short supply and that makes --

> Buy, buy, buy. Jim: Everything amcc has more valuable and amcc stock worth owning and the estimates on this may be too low, enough to move the stock from a triple sell into, if you own the stock, I won't make fun of you, even if you shouldn't buy it --

> Don't buy. Jim: Amcc needs something else to kick it up. From adequate to must-own!

> Hallelujah copy. Jim: And they've got it, a new chip will be great for the fiber optedic rollout. You want to play with tech? Read the trade peppers -- papers, note peppers, the best source of good, relevant news, and amcc's new chip has a lot of good early reviews in the trade papers cramer reads and this means it is good and the chip creates a product faster than dsl, the next step beyond dsl. Okay, so the japanese have been beyond that for years, amcc has a product that will be huge in america! And then there is one more piece of news, I shouldn't have buried the lead like this, focus, it looks like nortel, amcc's biggest customer is about to get a substantial contract with one of the baby bells! This will mean nothing to nortel, which is way too big for something like this to make a splash but amcc will make the processor, and the dollar amount, going their way, will be huge! What's okay for nortel, is great for amcc, the bottom line! AMCC is cheap, the business came back from the grave. And now it has a -- could be the next big thing, I need you to schnitzel some AMCC.

> Two disappointments after the close, google down ten and distributive -- distributed energy, use the weakness to buy and flour, I like it, genesee and wyoming makes sense and applied micro circuits, I like to say there is always a bull market somewhere, I promise to find it on "mad money", I'm jim cramer, see you tomorrow!


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