Waiting for Mister Softee

 

Mister Softee(MSFT Quote), anyone? Gotta stay for that conference call because this market will go up next week if Mister Softee says that the quarter started slow and just got better and better and better.

Microsoft is one of those stocks that cannot be traded on the earnings "print." Everyone expects a not-great quarter. We need to know tone! As the unraveling of Microsoft started a lot of this negativity, it could be the reason for people to get more bullish than they are. This is the first time I can recall when the expectations are so low for this company.

So, I am sticking around the office to get it done. It is that important.

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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 Microsoft. 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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