In particular, he believes that two stocks about to come to the market -- BigBand Networks, which should trade under the symbol BBND, and Sourcefire Networks, which should trade under FIRE -- should be priced below levels.
BBND is a play on the triple play (Internet, cable and phone service), and it services the telco players and the cable companies, Cramer said. It is one of the "ultimate" arms dealers and "gets the wind no matter what," he said. The midpoint of BBND's price range right now is $11, Cramer said, whereas, ordinarily, it would be priced higher. Plus it is "growing faster than Cisco (CSCO Quote)" and is worth more than $14, he added. Further, as Morgan Stanley(MS Quote) and Merrill Lynch(MER Quote) are the lead book runners for BBND, market players should try to do some trades with them to get in on the deal, Cramer said.- Loading Comments...
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