*Extra* The Cutting Room: More Scenes From the Green Room

 

Check out Adam Lashinsky's take on this weekend's "TheStreet.com" on Fox News Channel.

Not a lot of tension around the Green Room this weekend -- that's what happens when you have a repeat guest who made you a ton of money the last time he was on the show. It is rather hard to bear down on a guy who has been dead right, so excuse us for not taking apart Henry Blodget from Merrill Lynch.

For me the show got started at 4:01 p.m. when producer Gary Schreier called me, after trading, and told me what stocks we were going to discuss. I had to laugh. I had sold almost all of my DoubleClick (DCLK) and had trimmed my Yahoo! (YHOO) after this big run, and sure enough those were two of the stocks Gary told me Henry was going to recommend.

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I arrived in the Green Room early to tape Neil Cavuto's show and I got to chat with Herb Greenberg before we went on. Whenever I see Herb in the Green Room we always talk, not about stocks -- that is strechen verboten -- but about how to improve the product that is TheStreet.com (TSCM).

We talked nonstop about that. I am the first to admit that I am a maniac about the quality of the site. I am not always the most popular guy over at 2 Rector, the building where TheStreet.com is published. First, they never see me, because I am not there; second, because I am constantly carping that we need to be more relevant, harder, faster and write more about what people want, they don't always like to hear from me.

Once the show got underway we had Henry upfront in the "Word" section, which was all about the "To the Moon, Alice" market we have. Nobody was a bear, which you could argue is a sign we are in the late innings. But that ballgame stuff is a joke. I have been to ballgames that last forever.

Chartman vs. Fundy talked about two stocks I don't like and it was a pleasure to hear nothing that good about them.

Then back out to drilling Blodget. Yeah, I know, I love-fested the guy. Oh, sue me. He's been making me money, and while no one gets a free pass, he got as close as you are going to get on our show, although he withstood my browbeating about trying to get him to raise a price target on Yahoo!.

Guess he has to save that for the people he works for. Finally we did predictions. Herb will be right on the money. The business is dwindling for the bricks-and-mortar guys. I love AOL (AOL) -- hey, what else is new? I have loved it for as long as I can remember. Dave Kansas predicted a big move in the DOT, and we were left to try to get home in the most vicious traffic I have ever seen.

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James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long America Online, DoubleClick, TheStreet.com and Yahoo!, and Cramer was long TheStreet.com. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at jjcletters@thestreet.com.

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