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Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Monday June 11 Click on a stock ticker for more analysis:

Live with Regis: Time Warner (NYSE:TWX), EMC (NYSE:EMC), Alcatel-Lucent (NYSE:ALU)

During Cramer's celebration of his 500th Mad Money program, he received a call from Regis Philbin who congratulated Cramer and asked him to comment on his portfolio. Concerning TWX, Cramer said he is still bullish; "We have to give Dick Parsons the chance to take it to $30" from $20.61. He added EMC is one of the few tech stocks he recommends, but suggested getting rid of ALU which has "hurt a lot of people."

Gaffes of Yesteryear: Dick's Sporting Goods (NYSE:DKS) and Montpelier Re Holdings (NYSE:MRH), Sealy's (ZZ)

Recalling some of his errors along with his triumphs, Cramer revisited his recommendation to buy DKS right before its earnings report in August 2005 after which the stock got hammered. "This was an 18% loss overnight, and it doesn't get much worst than that," he said. He learned from this experience that buying before an earnings report may entail after-hours trading during which a stock can get slaughtered by the shorts. Cramer also recommended MRH, an insurance company focused on the Southeast region, as Hurricane Katrina was beginning. The stock was down on news of the impending hurricane, and Cramer thought MRH would have a bounce aftethe storm. However, no one quite understood how destructive Katrina would be, and the stock has yet to recover. In April 2006, Cramer recommended buying IPO Sealy at $18, but it fell to $12 two months later, because it was a "low-quality IPO."

Not the Chocolates: Fannie Mae (FNM)

While FNM has increased, Cramer would still buy, because he envisions "tons" of upgrades for this comeback stock. He calls FNM a "money machine" even though it is a "quasigovernment" stock and is a good way to play the Democratic Congress, since the Republicans were doing business with big banks rather than with FNM, "But the Democrats put a stop to that when they took both Houses last November," Cramer said. With government backing, FNM can issue bonds cheaply, and it has a great dividend and a solid insurance business, said Cramer.

Sell Block: Qwest Communications (NYSE:Q), Apple (NASDAQ:AAPL)

Cramer would get rid of Q because of the unexpected retirement of Richard Notebaert, who was the reason Cramer was bullish on Q. He would sell and buy AAPL, which is down 4 points.

Related: The Stalwart comments Richard Notebaert might have done "too well" restoring Q.

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Source: Jim Cramer's Mad Money In-Depth Stock Picks, 6/11/07