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TheStreet.com TV Recap: Tech's Weak Wins
Tech stocks are up only because expectations were so low, Jim Cramer said on TheStreet.com TV's Wall Street Confidential video Thursday.
In the case of Nokia (NOK Quote), the expectations had fallen because of a bad Motorola (MOT Quote) earnings call, he told Aaron Task, the host of Wall Street Confidential.
Also, Qualcomm (QCOM Quote) lowered its expectations, and concerning eBay (EBAY Quote) -- "If you check the press stories ahead of when it reported, in each case the media said eBay was going to have a bad quarter," Cramer said. ...
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