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Jim Cramer Return Risk +2.42% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed TSRA n/a SBAC n/a QCOM n/a Via BloggingStocks:   Filed under: Market matters, QUALCOMM Inc (QCOM), Cramer on BloggingStocks From TheStreet.com Network Biotech Mailbag: The Reason(s) for This Selloff Five Dumbest Things on Wall Street TheStreet.com's Jim Cramer says you can't give up on Tessera and SBA Communications based on one bad quarter. Tessera (NASDAQ: TSRA) (Cramer's Take) and SBA Communications (NASDAQ: SBAC) (Cramer's Take) "blow up" last night and you have to think, "The tsunami's over," that the smartphone revolution's not occurring. To which I say, no one likes the blowups, no one likes the guidedowns, but, like Qualcomm (NASDAQ: QCOM) (Cramer's Take), these are all multiyear stories that can't be judged on a quarter. The idea that we do not need more cell towers with smartphone data hogs like the iPhone out there, and the idea that miniaturization and cooler computers (Tessara's strengths) are played out, makes no sense to me. Continue reading Cramer on BloggingStocks: See the big picture on the mobile internet tsunami Cramer on BloggingStocks: See the big picture on the mobile internet tsunami originally appeared on BloggingStocks on Fri, 30 Oct 2009 10:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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