Lightning Round Lightning Round 4/30/07

Call In Questions

Caller Name: Eric
Booyah!: No booyah!
What biotech or phrama stocks do you see as potential buyout candidates.
Jim Cramer’s Answer: Onyx Pharmaceutical has a liver cancer inhibitor and may be acquired by baher. Cellgene may be acquired. Medimmune deal suggests “hunger” or demand for biotech and pharmaceutical takeovers.

Carl:
Booyah!: Carl: Music City Booyah!
Jim Cramer: Volunteer State Booyah!
Carl’s Question: Why has Healthways not garnered more attention given their niche?
Jim Cramer’s Answer: Thinks Healthways does not have enough data out to be bullish or bearish, should wait for another data point such as the earnings report in June.

Brian
Booyah!: None
Brian’s Question: Why don’t biotech stocks move with earnings reports relative to other industries?
Jim Cramer’s Answer: Biotech stocks move rise and fall with drug approvals and disapprovals.


Lightening Round

Christine
Booyah: Boo boo booyah!
Stock: AAPL
Down trend for a day, could come down more but it shouldn’t.
Buy or Sell: Buy

Jan
Booyah: None
Stock: Flextronics
Analysis: Tech will be down despite good tech numbers. Bearish Technology sector.
Buy or Sell: Sell

Angelo
Booyah: Buh buh buh buh booyah!
Stock: JSDA
Analysis: We’re in a downturn, bears will come after high performing stocks. Buy at $19.
Buy or Sell: Sell

Ed
Booyah: None
Stock: Ford
Analysis: Believes strongly in Ford’s managent and predicts many more good quarters in the future.
Buy or Sell: Buy

Joe
Booyah: None
Stock: Abbott Labs
Analysis: Abbott had moved up so much before earnings people took profit after they posted amazing numbers. Buy at $55 and the company is well run.
Buy or Sell:

Peter
Stock: Cemex
Analysis: This is a housing stock, bearish an all housing stocks despite Cemex’s Mexican component.
Buy or Sell: Sell

Erik
Booyah: Go Red Wing Booyah!
Stock: Dawson Geophys
Analysis: Liked the most recent numbers, saw buyers mark up the stock only to see it fall $4 a share from $55 to $51 a share. Wait for a drop then buy.
Buy or Sell: Buy on a dip

Bill
Booyah:
Stock: Level 3 Comm
Analysis: LVLT still bullish on this stock, reducing debt.
Buy or Sell: Buy

Blake
Booyah: Georgia Tech Booyah!
Stock: MEMC Electronics
Analysis: Sells to solar and semiconductor companies, solar sizzling semiconductors bad.
Buy or Sell: Sell

End Comments
Predicting a downturn for Tuesday in the face of a huge run up. Take some money off the table and take some profits.