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Wednesday, November 01, 2006

Cramer on STOP TRADING: When CEO's Run Away

Today Cramer on the STOP TRADING segment discussed CEO's running away.

On Morgan Stanley (MS), Cramer said he was worried about hedge fund exposure. Cramer said he was embarrassed for MS that John Mack wouldn't answer questions when CNBC tried to interview him. Cramer said he likes MS but is not crazy about the foray into hedge funds. Cramer said he just wants to know what the new alternative investment plans are.

Cramer likes Cigna (CI) because they look like they have gotten it back together. He said he doesn't want a managed care ahead of the democrats possibly winning the elections.

He said he can't understand why Garmin (GRMN) missed, and that name is down 15% today.

He was also positive on Core Labs (CLB).

Oceaneering (OII) is one he thinks has based and is going higher even after the 9% gain today.

Jon C. Ogg
November 1, 2006
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