Jim Cramer's Wall Street Confidential, 10/23/07 The Google Cycle

Recap of Jim Cramer’s comments on Wall Street Confidential, Tuesday October 23. Click on a stock ticker for more analysis:

Google (GOOG), IBM (IBM), Microsoft(MSFT), Intel (INTC)

While consumer weakness is hurting retail, people are still buying tech, said Cramer, explaining the sector is product-cycle driven; "The product cycle remains the Google -led product cycle, meaning that Google has become so important that people want to have fast taking of Google, fast downloading of Google, fast downloading of YouTube," Cramer said. IBM is the exception because "IBM identified its end-client basis." The success of Microsoft's Vista will extend from back-to-school to the holidays and maybe beyond. Cramer expressed annoyance at shorts who erroneously spread rumors about Intel's alleged double orders, and then refused to admit their mistake; "When I make a mistake ... I say I made that mistake," he said

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