Hewlett Packard rolled over 16 seed Western Digital. Then, in a hard fought chip conference battle, 9-seed Intel, squeaked by LCD giant Corning. Microsoft, appeared to be oblivious to taunting from the sidelines by Yahoo's jerry Yang and they beat IBM.
Larry Ellison's Oracle squad sailed by Comcast. While EMC -- with its mysterious virtualization offense -- won a hard fought one over Verizon. 3 seed Apple stole from Research In Motion's playbook and won as the iPhone maker started to gain business customers. And John Chambers out-coached Michael Dell with Cisco beating Dell.
Meanwhilein live tournament play, AT&T made mincemeat out of Google with the traders ruling in favor of Telephone’s buildout over Google’s online ad sales.
Health & Home region
Hormel tried to make history and almost did thanks to Pete Najarian's love of spam. But 1 seed Pepsi escaped. Disney’s Mickey Mouse triumphed over McDonald’s Big Mac in our next matchup.
Then Pfizer's antismoking drug fell flat as Altria smoked the Pharma giant. In Wal-Mart versus arch rival target, point guard Isaac Mizrachi went down with a sprained ankle and that proved to be the difference.
Coca Cola blew out Carl Icahn favorite, Macy's. And Merck rolled over UnitedHealth in an ugly match-up that was interrupted when Michael Moore ran on the court!
Meanwhile in live tournament Dylan Ratigan ruled in favor of AT&T despite the fact that three traders voted for Google. According to the rules Ratigan can only break a tie. As a result the producers of Fast Money are advancing Google to the next round of competition.
Also Johnson and Johnson easily outperformed Home Depot, merely because it’s not involved in a toxic environment.
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Trader disclosure: On Mar.26, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (YHOO), (INTC), (EMC), (ATVI), (DIS); Najarian Owns (AAPL), (CSCO), (EMC), (MS), (MSFT), (NOK), (ORCL), (TSO), (XLF), (YHOO); Najarian Is Short (CAG); Najarian Owns (COP) Calls, (RMBS) Calls; Najarian Owns (MER) Puts; Najarian Owns (BSC) Calls; (CHK) Calls; Najarian Owned (RMBS) Calls On 1/30/08; Finerman Owns (GS); Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns (CLWR), (MO), (MSFT), (SUN), (VLO), (WMT), (YHOO), (TSO), (BCE), (BJS); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (COF), (GLD); Finerman's Firm And Finerman Own (KALU); Seymour Owns (AAPL), (CSCO), (INTC), (MER), (MSFT), (S), (TSO), (F), (HAL); Seygem Asset Management Owns Severstal, (TTM)