Time to check in with those two happy-go-lucky, fearless tech warriors, Buzz and Batch, who have moved their offices to Flying Point Beach in Amagansett for the summer. And who can blame them!
Hey boys, how you been?
Yo Cram-oo! How's the lawsuit, joker! Now I gotta watch SpongeBobSquare Pants on Saturday morning Thanks a lot!
. Gotta catch 'em all!
So what are you guys doing?
Well, we've been putting in orders, walking up our favorite stocks for end-of-the-quarter marking. And we have to work overtime, because we lost our favorite mark-up stock,
, because of some Korean thing.
Yeah, we figure with two weeks left to go to the quarter's end we have plenty of time to get to double digits. We are going to try to walk up the usual suspects, the KLICs and the KLACs
Kulicke & Soffa
A bunch of us got together at the American Hotel last night and we divided up the
to keep them up in the air. And, of course, we are going to move up the
What do you make of
a possible slowdown in tech because of the soft landing?
The only soft landing I know is when we take that seaplane from the dock at lower Manhattan.
No, I mean the one the
Oh, that macro garbage. Look, people give us the money to gun tech stocks. I don't see any legend on the money that says, "Don't buy
if the Fed tightens." I don't think the public wants us to exercise prudence or something. If so, they wouldn't send money to us.
You guys bottom-fishing in any of the dot-coms?
We might buy a basket of little ones with three days left in the quarter and then spread a lot of rumors to guys in the press about takeovers, so people will mark them up for us. That's a game we have been thinking of. Hey, maybe we will buy that silly one you write for. (Laughs.)
I get in trouble when I talk about it. (Doesn't laugh.)
Look, I gotta go to the Farmer's Market for my 3 p.m. cup of joe. But don't get short the
Art Technology Groups
with two days left in the quarter. I am in charge of walking those two up and I have a bet with Batchmo I can take 'em to par!
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Cisco, Sun Microsystems and PMC Sierra. 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