Don't Fiddle With the Griddle

Sometimes it gets too hot, even for Cramer.
Author:
Publish date:

Sometimes the griddle does get too hot, even for me! Take

Vitria Technology

(VITR)

. Holy cow! Look at this thing. I mean, I listened to the exec on TV, and I didn't hear 8 points worth of good, especially on top of the 10 from yesterday.

Join the discussion on

TSC

Message Boards.

But in this crazy new valuation-free world,

I left 10 points on the table

! I used to talk about that griddle at the

Holland Tunnel Diner

, the one so hot that the egg sandwich burns if left on for a nanosecond.

The continued, second-day run of things such as Vitria seems a little excessive to me, kind of like that griddle.

But maybe, just maybe, I am just publicly kicking myself for pulling the trigger too soon! Ten points! Good grief!

Random musings

: I'm waiting until 3:30 p.m. to buy some more of the thrown away

S&P

tech names such as

Sun Microsystems

(SUNW) - Get Report

and

Microsoft

(MSFT) - Get Report

.

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 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.