Okay, one more
change, and I will shut up. It is time to boot
, which has all the earmarks of a
, and substitute
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is too young to go in -- let alone
-- but Cisco makes a lot more sense as a barometer of the market than lawsuit-plagued MO.
We all know that if this Florida raid lives up to expectations, there are 49 other quality lawsuits ready to roll against
big tobacco. We also know that now that the
barrier has been broken, what is the point of keeping MO in when you already have
Why Cisco? It represents the Internet economy better than any one Internet company. While it is a young company, it is only older than Mister Softee by a couple of years. It is far more representative of the U.S. economy in 2000 than any other company in the Dow except the two newbies.
So, let's complete the sweep. Don't wait another two years for the change. We want Cisco now, and we want the Dow Jones to be a no-smoking area -- when it comes to butts, of course.
I am getting fed up with this threatening British guy in the commercial trying to scare me into using
software. Give me a break already.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Microsoft, Cisco, Coca-Cola, America Online and Yahoo!. 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