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Mad Mail: 'Stay Away From Walgreen!'

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Published: Thursday, 4 Oct 2007 | 11:03 AM ET
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Web Producer

Dear Jim: All people may not like your picks – especially when it goes against their positions, but as the owner of a consumer-advocate website, I just have to applaud your honesty. It is very tempting to recommend a stock just because a CEO shakes your hand and asks for your help, but as you demonstrated many times and most recently on your call with the CEO of Perry Ellis , you provided your viewers with your honest opinion of the company without worry that you might upset the CEO. Thanks for keeping it real. --Mark

Mad Mail
Mad Money host Jim Cramer answers your emails.

Cramer says: “I wanted to praise that guy. I think he sounded like a great guy … but Phillips-Van Heusen I like more. I wanted to give him his chance, and I’m glad we had him on.”

_________________

Dear Jim: I enjoyed your diatribe (an S.A.T. word?) against Walgreen last night, and I'm wondering if they may now pursue a course similar to CVS and acquire a pharmacy benefits manager. If so, which one might it be? --Ranlando

Cramer says: “Walgreen is still too expensive. CVS is still cheaper than Walgreen. I don’t care what Walgreen does … you stay away from Walgreen!”

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

 Print
A viewer wants to know if WAG could make a pharmacy acquisition. Also, a "thanks for keeping it real" with the CEO interviews.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
  Price   Change %Change
CVS ---
PERY ---
PVH ---
WAG ---

   
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