On MAD MONEY on CNBC, Cramer came up with a speculative basket for telecom. Part of this is brought on by Cisco (CSCO), and CSCO is one you can own. There are some little telcos that are unreliable but some can offer huge gains if you catch them right. MRV Communications (MRVC) has run up 16% since he recommended it last month. He has 3 picks off CSCO and one isn’t yet public. Optium (OPTM) is one he likes with 30% of revenues from Cisco; Finisar (FNSR) is another Cramer likes and it has 22% of revenues from Cisco. Opnext (OPXT) gets 40% of revenues from Cisco and they come public next week, but it has not seen its IPO yet. Cramer said these are crummy stocks you can make money in, but they’ll fizzle out eventually.
Jon C. Ogg
February 9, 2007
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