Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

DUK

16.40

Duke Energy (DUK)

See GM comments above for:
DUK

ETN

41.20

Eaton Corp. (ETN)

See GM comments above for:
ETN

ABK

2.21

Ambac (ABK)

Jim:   Oh boy... speaking about speculative.  It's a $2 stock that I am not going to get behind.  Don't buy, don't buy...  I do believe that these companies that "insured" financial instruments, as opposed to my favorite... not to staff, Gerald Fishman, from Travelers (TRV)... in his press release, he says, we insure things that can be insured with some knowledge...  In other words, these companies that insured things that are financial instruments, like Collateralized Debt Obligations (CDOs)... they're all still "sells"...  Sell, sell, sell!...   ABK is one of those.  They should have stuck to their knitting.  I like people that insure property, who insure lives...  We understand what they're all about...  Even people who do annuities we're not crazy about, because I think that a lot of them aren't hedged properly.

BRCM

15.41

Broadcom Corp. (BRCM)

Jim:   Why do I need to buy BRCM, when I can buy QualComm Inc. (QCOM*), down 20 straight points?  I own it for my charitable trust... I just bought some down here.  QCOM*... higher quality, a 4G play.  You should be in QCOM* not BRCM.

QCOM*

35.27

QualComm Inc. (QCOM*)

See BRCM comments above for:
QCOM*

AMLN

11.34

Amylin Pharmaceuticals Inc. (AMLN)

Jim:   Oh... way too speculative, and you know what...  how much money did I have to lose on Novo Nordisk A/S (NVO) to get behind AMLN?  No thank you... no thank you...  don't buy, don't buy.  I don't want that speculative.  I've got biotech stocks of unbelievable quality that are reporting beautiful numbers, and nobody gives a darn.  How could I possibly get behind AMLN?

MOS

28.83

Mosaic (MOS)

Jim:   Don't tempt me... come on...  The fertilizer name is "heas twoi" (done)... sell, sell, sell...   We know that.  The farmers are running short of cash...   Look, go read The Wall Street Journal... and page A3 in yesterday's paper had a great article about the farmers and the troubles they're in...

AMZN

50.32

Amazon.com (AMZN)

Jim:   Alright, I wasn't happy with AMZN's guidance.  AMZN made a great snap-back rally today.  Everybody, when they saw that, said, hey listen Jim, the selling's over...  How many times have I had people say to me, "Jim, the selling's over... Jim, the selling's over... Jim, the selling's over"...  Here's what I think you should do... I will never recommend the sale of AMZN... I will not, because it's too great a company, and it's got a great business model.  I do think that I can't recommend it... and I don't want you to be hurt, if the stock can go back to $43, where it was today.  I think that's about as negative as I can be, without being negative on a stock that I like very much.

Jim went on to say this as he was ending the Lightning Round segment...

Jim:    May I just add, while I have one second left in the Lightning Round... There are two stocks you need to follow...  there are two stocks that reported unbelievable numbers, and did not guide down, as opposed to Microsoft (MSFT), which guided down slightly... and they are Apple (AAPL) and Google, Inc. (GOOG), okay...  Remember the four horsemen?...  AAPL had the single-best quarter I have seen so far, and GOOG had a great quarter... Eric Schmidt, Steve Jobs...  If those stocks can't rally, why should anything else?

AAPL

98.23

Apple (AAPL)

Jim:   See comments about AAPL and GOOG directly above...

GOOG

352.32

Google, Inc. (GOOG)

Jim:   See comments about AAPL and GOOG directly above...

[ End of the Lightning Round segment ]