Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Pat Hughes who wrote (52359)	8/19/1998 11:04:00 PM
From: djane	Respond to of 61433

Cramer comments on LU/CSCO [No ASND reference] thestreet.com Market Features: Cramer's Yahoo! Chat Transcript Part I By Yahoo! Chatters 8/19/98 6:25 PM ET TSC co-chairman and daily columnist James J. Cramer chatted Wednesday on Yahoo!. Here is the unedited first part of that chat. Part II appears in a related Market Feature item. lwhorowitz: Hi Jim. This afternoon there was an article on TSC about CSCO vs LU. Do you think one of these companies will win, and the other lose? Creme_Delacramer: No. I thought that article was not so great. I think that these are the winners and that it is not a zero sum game. Creme_Delacramer: others will lose, not these guys. I am long them both. rdtilley: Where is the risk greatest right now: A) Missing the early gains of beaten-down value stocks, or B) Suffering blow-ups among the high-multiple darlings? i.e. Where are the earnings surprises coming from in the next few quarters: the bottom or the top? Creme_Delacramer: I think the earnings surprises are going to come from tech connected with pc.s and the internet Creme_Delacramer: but i dont see any other earnings surprises happening. jeffgermain: What is your take on Lucent, will it come back up or suffer from the tech sell off? Creme_Delacramer: While I am still long Lucent, again this is a stock that I have cut back on as i feel it has too high Creme_Delacramer: a multiple. this market likes cheap and hates expensive right now with the exception of Cisco and MSFT