"Get me a high-speed wireless Internet play and get me it now! Not tomorrow. Now!"
If those 15 words don't describe everything that is happening on your screen, I don't know what does. Take
. A week ago I sat in
office listening to
Matt "NetWithoutWires" Jacobs
regale us with a story of a $5 billion wireless play that wires banks to the Internet securely. He said it was a $5 billion company that would become a $10 billion company this year. He got everything right except the time frame: It happened in a week. People
these. They need these to keep up with the
. So they'll pay any price for them.
And they are.
proves once again when the short happens, cover. When Lucent blew up I didn't think it could come back. That was wrong. It has roared back. If you were short this stock and you didn't bring it in, like
would say about the rich, it's your own fault.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long 724 Solutions. 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