You may be confused by all of that "better-than-expected" gibberish with Exodus (EXDS) .

While the earnings may have been better than expected, the revenue was roughly in line with forecasts. People want so see blow-out revenue, substantially more than expected. The Street revenue gods are not appeased by this quarter.

Again, this is the confusion that comes from the analyst-to-media complex. The analysts praise (even though they know this number is not what we wanted) the press picks up, and the public is stunned.

Don't be stunned. Revenue that is flat with expectations doesn't cut it in this market, whether you are an arms merchant or a semiconductor company.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund had no positions in any stocks mentioned. 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.