Surviving Another Intel October

Cramer says that even though some October quarters have been broken by Intel, you have to focus on the other names, too. Have your say on our message board.
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Tension touches us today. It reaches into us as it does every

Intel

(INTC) - Get Report

October. How big can we be? Can we leverage it with calls? What if the company isn't positive enough? What if it runs too much because of

Novellus

(NVLS)

? What if

Motorola

(MOT)

says something great and Intel is great, will we be long enough?

Tell us what you think of Cramer's latest on

TSC

Message Boards. We just got out of our morning meeting and

Jeff

knew I was on edge. He had to remind me that every Intel October is like this, every one. There is always a sense of make-or-break to an earnings season and so often, as is this case, the make or break is the giant chipmaker.

There have been Octobers where my quarter was made by what Intel said. There have been October quarters that have been broken by Intel. It is almost impossible to concentrate on anything else.

But we force ourselves to focus on the more obscure names. No one has an edge on Intel. No one. This is not one of those cases where the big guys have a better call than the small guys, that the insiders have blabbed and the friends of Intel have the call.

Nobody has it. Which is why I love this game.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Intel. 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.