Boxing Stocks: Corning Glass vs. Citrix - TheStreet

In this corner, weighing in at 225 with a gain of 13 is Corning Glass (GLW) - Get Report, the optical heavyweight champ. And in this corner, the spoiler, Citrix (CTXS) - Get Report, weighing in at 26, nope, make that 25, oops 23!

This Claymation death match pretty much explains everything (tech-wise) on your screen today, as Glass Works (as the Street calls Corning Glass) buoys the

JDS Uniphases

(JDSU)

and

Nortels

(NT)

of the world and Citrix knocks down the various software companies that work and interact with

Microsoft

(MSFT) - Get Report

.

We are sidelined in this battle, not willing to sell our cherished optical plays, but not willing to buy software companies until they come down more, as last week was a big week for the group.

Our biggest decision so far today: selling

Infinity

(INF) - Get Report

into Maria Bartiromo's joyous boost! Seemed like the right thing to do.

Random musings:

You might want to begin your day by checking the winners and losers stuff in the

mutual-funds columns on

TSC

. I find it required reading, as you don't want to start buying on top of big moves from these groups -- too risky. ... The

Soundview

downgrade this morning of

AOL

(AOL)

was

not

related to the skeptical nature of sponsorship deals that we saw last week from

VitaminShoppe

. It was weakness at

Time Warner

(TWX)

, which I thought was doing well!

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long JDS Uniphase, Nortel, Microsoft and AOL. 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.