Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

MAD MONEY FEATURES

Podcasts PODCASTS
Watch the Lightning Round whenever and wherever you want.




Widget OFFICIAL MAD MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




Soundboard CRAMER'S SOUNDBOARD
Admit it: You’ve always wanted to hit the “They know nothing!” button. Here’s your chance.




Mad Money PhotosCRAMER QUICK PICS
Check out the Mad Money host on set, back to school, behind the scenes and more.




Mad Money VideosVIDEOS
Get all your favorite Cramer clips right here.





ShopSHOP FOR MAD MERCHANDISE
Buy Cramer books, bobbleheads and other Mad Money merchandise.




Ringtones RING TONES
Pick up the phone! It’s Cramer! New Mad Money sounds for your cell phone.




Mobile AlertTEXT MESSAGE ALERT
Mad Money’s mobile. Get show highlights sent to your phone.




Font size:
Mar.05
7:17 PM ET
Wednesday, 5 Mar 2008
Mad Mail: Should I Buy Seagate?

Dear Jim: A UVA wahoowa big-time booyah. Great show; don't ever change! Overall, I'm sick and tired of all of the doomsayers in the market now. I don't see us going too far below the intraday 11,660 level on the Dow. Most of the short/put plays are no longer viable now. So, my main pick, which I played two days ago, is Seagate Technology [STX  Loading...      ()   ]. It has great fundamentals and the recent analyst moves upgrading the stock in its industry were great, too. But what does the Cramer Guru think? --Ken in Virginia

Cramer says: “Look, I don’t like tech. Tech’s a good trade. IBM [IBM  Loading...      ()   ] has an analyst meeting tomorrow. Maybe Seagate goes up a little [as a result]. If it goes up $1, then take profits. I don’t like tech here. It’s the wrong part of the season to like tech. When March begins, tech tends to disappoint.”

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?

© 2008 CNBC, Inc. All Rights Reserved

Permalink: /id/23488370

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis