This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jim Cramer's Best Blogs

But neither was able to break away from the core businesses, and HPQ, in the end, made the disastrous decision to overpay for Autonomy, shelling out more than $10 billion for this global enterprise software company.

We had a real horse race between these two for a bit about who was the PC champion, but suddenly Apple (AAPL) came in with game-changing technology, both the iPhone and then, devastatingly, the iPad and poof, there went the hold on business and consumer that these two giants had. They now seem like two Goliaths to Apple's David, not unlike what Digital Equipment and Data General became when Intel and Microsoft delivered their one-two punch in the late 1980s. This time, proprietary trumped commodity because proprietary was simply a better universe.

Now people are going to say don't worry, there's good value here. They are going to point to balance sheets as evidence. But right until the end, Data General had a fabulous balance sheet, and DEC's wasn't anything to laugh at. But they had lost the technology battle to a better mousetrap.

It has happened again. With these two disastrous quarters, Hewlett-Packard and Dell are well on their way to being the next Digital Equipment and Data General. Sad, but true, and without some real miracles the end will be similarly painful. At least Data General got a low-ball bid from EMC (EMC) in 1999. Digital Equipment? It just disappeared, with the remains sold to, alas, Compaq and they rest in peace at none other than Hewlett-Packard.

At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, was long AAPL.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs