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Cramer on BloggingStocks: Tech stocks face real trouble

 Apr 08, 2008 07:55 AM UTC
Return Risk
-5.82% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
WM Positive 04/08/08 -65.94% --
GOOG Positive 04/08/08 +19.76% 06/16/08
RIMM Positive 04/08/08 -1.49% 07/21/08
DELL Positive 04/08/08 +13.47% --
AMD Positive 04/08/08 +2.95% --
EMC Positive 04/08/08 +3.59% --
CSCO Positive 04/08/08 +10.03% 05/07/08
MOT Positive 04/08/08 -24.21% 06/24/08
CRM Positive 04/08/08 -13.88% --
IBM Positive 04/08/08 +8.29% 05/13/08
INTC Positive 04/08/08 -1.68% 07/16/08
HPQ Positive 04/08/08 -2.55% 05/13/08
MSFT Positive 04/08/08 -9.92% 07/16/08
TXN Positive 04/08/08 -8.21% 07/16/08
AAPL Positive 04/08/08 +10.41% --
VMW Positive 04/08/08 -20.50% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Google (GOOG), Microsoft (MSFT), Apple Inc (AAPL), Cisco Systems (CSCO), Dell (DELL), Hewlett-Packard (HPQ), Intel (INTC), Motorola (MOT), Market matters, International Business Machines (IBM), Advanced Micro Dev (AMD), Research in Motion (RIMM), Washington Mutual (WM), Texas Instruments (TXN), EMC Corp (EMC), salesforce.com inc (CRM), Stocks to Buy, Stocks to Sell, Cramer on BloggingStocks, Technology

TheStreet.com's Jim Cramer says that absent any catalyst beyond "cheap," the sector looks set to disappoint.

When people say "tech" on TV, it is almost always followed with "cheap," or "low valuation." To which I say, "So what?" AMD (NYSE: AMD) (Cramer's Take) looked cheap until last night. Motorola (NYSE: MOT) (Cramer's Take) looked cheap and there turned out to be no there there. Cisco (NASDAQ: CSCO) (Cramer's Take) looks cheap but all I hear are earnin...



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