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RealMoney Radio Recap: Going for GameStop

Nintendo fans are getting ready for the company's next-generation gaming system, Jim Cramer told his "RealMoney" radio show listeners Friday, adding that the hype for this machine will start to ramp up ahead in the coming months.

With Microsoft's (MSFT - Get Report) Xbox on the market and Sony's (SNE - Get Report) PlayStation due out this year, there is money to be made and saved, Cramer said.

He pronounced the death of the personal computer, saying that it's not really tailored to handle the newest, slickest games; and that most users don't need a faster machine than the one they already have if they're just using their PCs to listen to music, watch videos, file photos and surf the Internet.

Cramer said investors need to get out of Microsoft, a stock he owns for for his ActionAlerts PLUS charitable trust portfolio, Intel (INTC - Get Report) and Dell (DELL).

Growth in consumer devices is going to cell phones and game systems, he said. And in terms of video games, he said there are two plays that work no matter what game system is the most popular: Electronic Arts (ERTS) and GameStop (GME - Get Report).

He said that Electronic Arts is off 20 points, but that he believes it will run higher; and GameStop is the largest specialty game retailer in the country.

He said that Marvell (MRVL - Get Report) makes sense to buy, and that the company is making the new one-handed controller for Nintendo's latest system.

Rambus (RMBS - Get Report) and ATI Technologies (ATYT) manufacture chips that make the game experience so intense, he said, creating speed and graphics that you can't get on a PC, he said.

And he likes Microchip Technology (MCHP - Get Report) or Trident Microsystems (TRID), which make chips for television-screen graphics.

As the Enron Turns

Cramer said that he can't look away from the soap opera that is the Enron trial, noting that he was not surprised when company founder Kenneth Lay "lost it" on the stand. The whole company culture was vicious, he said.
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