Why do they always start so early? What is the point of that lunacy? I see desperate mutual funds trying to prop up their favorite four-letter B2B plays and it sickens me to think that they think they can play this game. Same with the

E.piphanies

(EPNY)

and

Business Objects

(BOBJ)

.

I mean, like, give me a break. It always mystifies me why these mutual funds think they can prop up their names so early. Right now these attempts are doomed to fail.

Still holding to our thesis here: We haven't seen the whites of their eyes. Sure we are encouraged by

Sun Micro

(SUNW) - Get Report

, but we are discouraged by

Intel

(INTC) - Get Report

. We are encouraged by

Gateway

(GTW)

and we are discouraged by

Dell

(DELL) - Get Report

--

boxmaker or not!

And we sure wish these mutual funds would keep their powder dry and stop trying to make themselves look right. It is too late for those shenanigans.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Sun Microsystems, Dell, Intel and Gateway. 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.