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Friday, October 27, 2006

Cramer on "Stop Trading" (Oct. 27, 2006)

Cramer on CNBC's STOP TRADING segment discussed motherboard sales falling as being the reason for the market drop. He noted the Semiconductor names being weak, but Cramer said he sees a lot of profit taking today. He doesn't want to put too much into the sell-off, but he has to acknowledge it.

He thinks it pays for companies to be cautious, but the street doesn't want to be there if it rolls over. Cramer then said it's the PC's causing the weak semiconductor area.

Cramer then discussed Denny's (DENN) in the food plays. He thinks that the company is the problem, not the food environment. The consumer is avoiding Denny's in favor of others, instead of the consumer not spending as the company suggested.

Jon C. Ogg
October 27, 2006
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