Lightning Round OT: JDS Uniphase, Olin and More

JDS Uniphase : While Cramer is expecting increased capital expenditures among the big telco companies, he can't yet recommend JDS Uniphase. "There's just been too much money lost" in this stock, he said.

Olin : Sell Olin. "I'm still worried about the pool-chemical business," Cramer said. "I'm just not crazy about it."

Kinder Morgan Management : "That's a good company," Cramer said. He endorsed buying KMR.

Call Cramer: 1-800-743-CNBC

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