Tech guys could give a darn about
Abby Joseph Cohen
. They will use any weakness to buy their favorite names. We will do the same. We know that those names get bought unless nuclear war breaks out. Then all bets are off.
You think I am wrong? Watch
today, which we are long. It has an important announcement today about a high-performance router. This will trump anything Cohen might have said. We are hoping someone will sell it off her call so we can buy some. But I doubt that will happen. Tech, good or bad, is in its own world.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Juniper. 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