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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday August 27.

Bullish Calls

EMC (NYSE:EMC), Cisco (NASDAQ:CSCO): "Talk of EMC and Cisco getting together is going to power EMC higher. That is one red hot sizzling tech stock."

Rockwood Holdings (NYSE:ROC): "Hot, hot, hot... 50% of sales in Europe...Europe is coming back...flagship lithium business just received stimulus check to expand and upgrade lithium materials for transportation batteries...had a big move and we missed it but there is room to grow with end market recovery. I hope for a big down day and that will be a good time to pull the trigger."

Devon Energy (NYSE:DVN): "Devon is only up 6%. I'd rather see you in Devon (than Chesapeake)."

Bearish Calls

Chesapeake Energy (NYSE:CHK): " ....is up alot...I think CHK is not as good as Devon. Devon is up only 6% I'd rather see you in Devon."

Yahoo (NASDAQ:YHOO): "I'm disappointed by Yahoo. I think there is so much there...I like [CEO] Carol Bartz, but she hasn't delievered yet. I can't think of a reason to buy it"

Principal Financial Group (NYSE:PFG): "They are out of the woods...I was not inclined to like them, the market bailed them out. I no longer want to buy it, but I no longer want to sell it"

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Source: Cramer's Lightning Round - A Red Hot Sizzling Tech Stock (8/27/09)