Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

ICXT

7.80

ICx Technologies, Inc. (ICXT)

Jim:   Kind of an interesting defense speculation play, up on a bit of a spike. How about if it comes down, we pull the trigger?...

UPL

33.35

Ultra Petroleum (UPL)

Jim:   Alright, long-term... I'm glad you used that term... because short-term, with natural gas down to two year lows, and I think penetrating the four dollar level, I know that it's going to be rough sledding for Michael Watford and UPL... That is a company, by the way, that does need relaxed drilling restrictions, because of a particular kind of animal... but I'm sure Obama is going to try to protect... that Bush steps on at night... Here's the deal... I think UPL is okay long term, because it's got the lowest finding costs... even lower than Equitable Resources Inc. (EQT)... but, short-term, the numbers are probably going to prove to be dicey, because of the huge decline, through the five dollar level, I think, of natural gas.

GLW

8.79

Corning Inc. (GLW)

Jim:   You know what, it reminds me of 2002 to 2003, when Corning was probably the most beaten down stock, other than Alcatel-Lucent (ALU)... boy, was that a loser... and Qwest (Q). I bought this is part of a field bet... I talk about the idea of buying this stock low... it's got great management... it's got two different divisions... remember, it's got a fiber business... it's got a glass business, and it's linked to LCD, and it's got a fiber business, that's linked to Cramer fave Verizon (VZ)... Ivan Seidenberg, listen up... Here's the problem... here's the problem... but quarters have been lowered and lowered and lowered and lowered... but I think that the stock is at rock bottom here. First time... first time, long time... first time I am recommending GLW right here, right now... yes... And I have been really afraid of that stock for a long time. That's a big change for me, okay...