Thursday, 05/29/08
Posted 05/29/08,  10:50 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Thursday, 05/29/08

  Dow Jones: 12,646  +  52
  NASDAQ:   2,508   + 21
  S&P 500:   1,398   +  7
 
 
 
 
 
First Segment
 
 
Final Segment 1 Title: 'The Sell Block'

.  .  .  .  .

Featured Stock(s):

TELKOM Indonesia (TLK)
Turkcell
(TKC)
Mobile Telesystems (MBT)
Vimpel-Communications (VIP)
Millicom International Cellular (MICC)



See Final Segment 2, below...

 
After this segment, you can see Jim's Sudden:Death picks here...


.  .  .  .  .

Tonight's Sell Block stocks - recommended to sell are:

TELKOM Indonesia (TLK)
Turkcell
(TKC)
Mobile Telesystems (MBT)
Vimpel-Communications (VIP)
Millicom International Cellular (MICC)

.  .  .  .  .

The Bottom Line!:      I screwed up badly...  I was looking for the growth in all the wrong places... and not looking for risks, like competition and global trends working against these "old tech" international wireless stocks.  Sell them.  But I hope you will give me another chance...

.  .  .  .  .

 

   
 

Stock Snapshots - Includes all stocks mentioned above

 

 

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)


TLK

34.65

na

TELKOM Indonesia (TLK)



TKC

19.33

na

Turkcell (TKC)



MBT

87.79

na

Mobile Telesystems (MBT)



VIP

35.78

na

Vimpel-Communications (VIP)



MICC

113.06

na

Millicom International Cellular (MICC)



     

 

 

 



See all of tonight's stocks' latest quotes on Yahoo! Finance



Most popular
investing books ordered:
(click any book to see at Amazon.com)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

 

 

 

 


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Second Segment
 
Final Segment 2 Title: 'Mad Mail'...

.  .  .  .  .

Featured Stock(s): See comments below...
 
After this segment, you can see Jim's Sudden:Death picks here...

.  .  .  .  .

 

   
 

Stock Snapshots - Includes all stocks mentioned above

 

 

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)

DPS

24.95

na

Mad Mail

Dr Pepper Snapple Group, Inc. (DPS)

Q:  
  In your book, Real Money, you wrote how a competitor can come in and dethrone an industry giant by selling a similar product, even if it does so with a lower margin than the industry leader.  Looking at the supermarket aisles, from Wal-Mart to Vons, it seems that DPS is employing the same strategy by selling carbonated soda at lower prices with lower margins than both its competitors, Pepsico (PEP) and Coca-Cola (KO).  Is DPS a buy?

JJC:
     Wrong logic.  What I used in
the book was a situation where Johnson & Johnson (JNJ), which has much lower multiples, came into U.S. Surgical's market...  Any multiple that was a little bit better than JNJ's moved its business up, even though it came in well under U.S. Surgical.  The same thing happened with the tampon company, Tampex...  Another competitor came in, and had a higher price point than any of its other materials, but much lower than Tampex.  So, no...  Those companies are pure plays... Don't think like that.  It won't make you money.

 

 

[ end of final segment ]

   
 

Go to the SUDDEN:DEATH SEGMENT from tonight's show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>


Netflix, Inc.


Symbol keys:

A Charitable Trust stock. - An asterisk next to a stock symbol indicates that Jim mentioned it is a stock that he manages within
his charitable trust portfolio.  You can see the complete portfolio
of stocks here >>

Thumbs up - indicates he would buy the stock or, at the very least, not sell the stock.  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.

Thumbs down - indicates he has said not to buy or to sell the stock, based on his comments  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.