Cramer's new 'Four Horsemen of Tech'

Amazon is insanely overvalued at current levels. Yesterday the stock was up almost 5% (more than $1 billion in market value) becuase Bezos said the company would be investing more in its Chinese business, Joyo.com, which currently represents less than 1% of Amazon's revenue. Read more of my commentary here http://www.candidcritic.com/amazoncom-inc-amzn-insanity/2007/06/06/

Jim Cramer has a solid intuition when it comes to Google and I think that in some ways he understates the Google case. For some details, see http://mnrtrading.blogsport.com/

Jim Cramer has a solid intuition when it comes to Google and I think that in some ways he understates the Google case. For some details,
see http://mnrtrading.blogspot.com/2007/05/moats-and-sappers-microsoft-and-google.html

Jim Cramer has indeed been fairly correct on Google for some time- with an occasional diversion. He is on the Who Got What Right Good Call list (left side, near top) at http;//www.Barrelomoney.com for his early call on Google among others. Next to Jim Rogers, who has had a very hot hand these last few years, Jim Cramer has the most good calls of any commentator but has has also had more calls and many stock picks declined. Most recently, Jim Cramer's call on Jones Soda was added to the list. And Jim Cramer has made more recommendations in tech than any other area. The free list at http://www.Barrelomoney.com of Jim Cramer tech stock bull signs from his Lightning Rounds stands at 123. Of those, Google and Apple have been his most noteworthy good calls in tech.

AMZN is a TECH company? Why, because they trade on the Nasdaq? Thought they were a online retailer. I quess anyone with a website is a Tech company to Cramer. AMZN is one of the worst mismanaged comapanys. Everyone has been saying this is a breakout company, they have been trading for 11 years and have done nothing but dissapoint. They have a monster online name/presence and have done nothing with it. Profit margin a 2% and a P/E at 125, there is some dirty buisness going on with this stock. Why would they get such a high valuation, what have they ever proved? Cramer and all the rest are not being honest with us on Amazon, there is a dirty little secret here. Wait for the bloodletting near earnings.

Okay,

Here is a classic example of how you can make money with Jim Cramer's recommendations. JUST DO EXACTLY THE OPPOSITE OF WHAT HE RECOMMENDS. Good 'ol Jimmy boy is at it again. recommending stocks like Amazon that for whatever reason which have had an extraordinary run up and are now overvalued. Talk about getting bushwhacked on chasing a stock! Now take the other side of trade. Sell Intel? Sell Microsoft? Give me a break. These stocks have been in the cellar for quite awhile and in the opinion of several top analysts are now ready to move slowly upward if not breaking out in a major rise. I'll take the dividend on Softy and INTC and the slow appreciation of stocks that are undervalued anyday to chasing momentum plays like Jimmy boy that never seem to work out. Be wary Mr/Ms. investor or you're going to get burned with Jimmy's picks again.

Jim Cramer = Henry Blodgett. Same thing 7-8 years later. SEC might need to investigate Jimbo. Big pump and dump going on with Amazon

Sunday Funnies: No Amazon answers -- just more questions

http://www.bloggingstocks.com/2007/06/10/sunday-funnies-no-amazon-answers-just-more-questions/

Four Horse Apples is more like it!