B2B Squads Stumble at the Gate

It was a rough first day for the B2B stock teams, which suffered with the overall tech market.
Author:
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Looks like we picked the wrong day to launch a couple of business-to-business portfolios.

Matt Jacobs'

team, known internally as The Young Turks, has already taken a 4% dive today, according to our trusty portfolio tracker. (We keep both portfolios on

TheStreet.com's

excellent portfolio tracker for real-time updates.) The Old Guard, my club, has given up a couple.

Join the discussion on

Cramer's Latest, go to the

Red Hots Forum

, or visit our

B2B Forum

.

Maybe we have a situation here not unlike the

Red Hots, which immediately took a vicious dive after we publicized them, and have since rallied some 70%, as Jacobs pointed out today.

Maybe we just had the bad luck of running into a Wall Street downgrade,

Prudential Securities'

slashing of

BroadVision

(BVSN) - Get Report

. Or maybe, just maybe, when a couple of giddy guys get in a room to divvy up stocks like they are sports teams, it's time to look out below!

Random musings

: The shelling is getting a little heavy out there, masked well by the

Dow

. How ironic that

Microsoft

(MSFT) - Get Report

, the biggest

NDX

trader, is boosting the Dow while tech rolls over.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Ariba, Brocade Communications, Conexant, Exodus Communications, JDS Uniphase, VeriSign and 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.