Surprise Departure

In another "Executive Decision" segment, Cramer spoke with Andrew Damico, president and CEO of IntraLinks Holdings ( IL), a company that assists in mergers and acquisitions by securely linking data systems to help speed up the process. Shares of IntraLinks got hammered, down 32%, when the company delivered inline numbers with lowered guidance.

Damico explained that he didn't know a key customer was ramping down its business with IntraLinks until after the quarter had closed. He said the IntraLinks did disappoint investors who bought into company's secondary offering just a few weeks ago. Damico said the close proximity of the bad news was not intentional, but added that nothing fundamentally has changed with the company.

Damico said he still sees great opportunities going forward for IntraLinks. He said the company raised guidance for its mergers and acquisitions business and sees its enterprise products, currently being used by the pharmaceuticals industry, growing 81% year over year. Damico called their key customers' sudden departure a "blip" in the company's performance.

Cramer told viewers they should do some homework on IntraLinks, and if they feel today's 32% haircut was an overreaction, $20 a share would make an attractive entry point.

Lightning Round

Cramer was bullish on Mercer Int'l ( MERC), Limited Brands ( LTD) and NovaGold Resources ( NG).

He was bearish on Bank of America ( BAC), Clean Energy Fuels ( CLNE) and Southern Copper ( SCCO).

Closing Comments

In his "No Huddle Offense" segment, Cramer said the stock market game just got a lot more honest, now that accused insider trader Raj Rajaratnam was found guilty on all counts.

Cramer said any hedge fund manager knows that what Rajaratnam was doing was highly illegal, and his actions makes a mockery of those who actually do their homework on the companies they invest in. Rajaratnam proved that he knew nothing about the markets, only what the insiders were telling him.

"Three cheers for the little guy," Cramer concluded.

--Written by Scott Rutt in Washington, D.C.

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At the time of publication, Cramer was not long any equities mentioned.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of 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, 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 is related to the specific opinions expressed by him on "Mad Money."

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