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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Wednesday evening:

R.H. Donnelley ( RHD): "It's been too high. ... There's been too much hype in the name. ... I want to sell R.H. Donnelley."

Geron ( GERN): "Speculation. Not for me. Don't want to come near it. It's up too high. If you want biotech, I've got two offerings on the table." Cramer recommended Gilead Sciences ( GILD) and Celgene ( CELG).

Patterson-UTI Energy ( PTEN - Get Report): "I have not liked this company historically. ... But natural gas is back up. ... Patterson is a land driller, and I think it has room to catch up to King Hal," or Halliburton ( HAL - Get Report), which Cramer owns for his charitable trust, Action Alerts PLUS.

Saks ( SKS): "Let the stock come in. ... I was not concerned about gross margins. I think it's a chance to buy. ... You do a schnitzel, my friend, not a full buy."

Schering-Plough ( SGP): "The fact that I ever sold this great stock for my Action Alerts PLUS charitable trust is really disheartening. ... My advice to you, take half off and let the rest run. ... This stock's a double, but it's still going up."

BP ( BP - Get Report): Cramer says "there's a lot of political chatter involving BP that is incorrect. ... I say you pull the trigger right here."

Tellabs ( TLAB): "Tellabs was one of the worst quarters I've ever heard. ... Let's just stick with Cisco ( CSCO). ... I like best of breed. I say ixnay on the Tellabsnay."

RadioShack ( RSH): "I'd like to give CEO Julian Day the BOD. He was on my benefit of the doubt list. ... He's making it so it's a profitable enterprise. The answer is stay long."

Marvell Technology ( MRVL - Get Report): Cramer chastised himself for having bought the stock for his charitable trust. "When I bought the stock, what was I doing? The financials weren't clean. ... Ixnay on me. ... I don't want you to stay with me." Cramer no longer has a position in Marvell.

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

At the time of publication, Cramer was long Halliburton.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.