Cramer's 'Mad Money Lightning Round': Dial Up Anadigics

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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Thursday evening:

Pride International (PDE Quote): "Pride is a contract driller. Now, if you listened to Exxon's(XOM Quote) call today ... you realize [Exxon's] got to drill more. That's why Pride does well. You've got a stock that I like in this market."

American Software (AMSWA Quote): "It's fine. It's not my favorite. ... I'd rather see you in some of my technologies," such as Riverbed Technology (RVBD Quote), Cisco (CSCO Quote), Hewlett-Packard (HPQ Quote), which Cramer owns for his Action Alerts PLUS charitable trust, or Dell (DELL Quote). "I think these are better than your software company."

Peabody Energy (BTU Quote): Cramer said Peabody is "tough for two reasons": Oil is up, but the government isn't helping out coal companies; and the pricing of coal is so bad. "I'm going to have to tell you Don'tBuy. ... I have liked coal ... but it's not at the right level yet."

Foundry Networks (FDRY Quote): "Another stock that is in the sweet spot. Notice how Foundry didn't go down at all. Neither did Riverbed. These are stocks that are going to work in this market."