Jim Cramer's Mad Money Lightning Round, 10/17/07: Cisco and Ciena Rule the World

|
 |  Includes: ALU, BIDU, CAB, CHL, CIEN, CLNE, CSCO, DAL, EBAY, FBNIQ, FMCN, GES, GSOL, JACK, JCG, LUV, RTN, SCOR, STV, YUM
by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday October 17. Click on a stock ticker for more analysis:
Bullish calls:

Global Sources (NASDAQ:GSOL): 'That's another play on Asian online businesses. It's a back office. It reminds me of the Amazon. back office. GSOL is two thumbs up. Buy, buy, buy! '
Baidu (NASDAQ:BIDU)
China Mobile (NYSE:CHL)
Focus Media (NASDAQ:FMCN)
ComScore (NASDAQ:SCOR): 'Well, remember, they pre-announced right after we recommended the stock. We're up about $8 bucks in about a nanosecond on that one... But, you know what? I think it goes higher. That's the Nielsen for online.'
eBay (NASDAQ:EBAY)
Raytheon (NYSE:RTN): 'This is the cheapest defense stock out there … this is the defense contractor that hasn't run as much as the others... that's actually better-run... It does have a higher multiple, but it's still cheaper on its growth rate...'
Ciena (NYSE:CIEN): 'Stop looking! Start buying! CIEN is right! …They and CSCO are splitting up that world.'
Cisco (NASDAQ:CSCO)
Yum! (NYSE:YUM)
Guess? (NYSE:GES)
J. Crew (JCG)
Delta (NYSE:DAL): ' The quarter from Delta was a thing of beauty.'

Bearish calls:

China Digital (NYSE:STV)
Clean Energy (NASDAQ:CLNE): 'Other than the fact that Boone Pickens is involved, I would be saying sell, sell, sell, sell, sell... Because he's in it, I will just say don't buy …There are no real financials.'
Furniture Brands (FBN): 'No, I want to sell that. I know it's got that yield, but I'm not sure about the earnings.'
Southwest (NYSE:LUV): 'I can't recommend airlines when I think oil is going to $100.'
Alcatel (NYSE:ALU)
Jack in the Box (JBX):' I wasn't happy with that quarter.'
Cabela's (NYSE:CAB): 'You do not buy CAB. Sell, sell, sell... It's a serial underperformer. Their stores are too far away from the people... With gasoline so expensive, they don't go to them... This is an under-managed company. It's been a disaster ever since it came public.'
Seeking Alpha publishes a
summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round, Stop Trading and Wall Street Confidential

Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with CNBC, Jim Cramer or TheStreet.com