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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday March 12. Click on a stock ticker for more analysis:

Bullish calls:

Berry Petroleum (BRY): “I think this is great oil producer. It's exactly the kind of stock I want to own right here … I like this BRY idea... I like it berry much!...”
Flextronics (NASDAQ:FLEX): “I still think FLEX is cheap. I'm not backing away from it, but understand, it's a hard tech market..”
United States Steel (NYSE:X): “I would rather be in United States Steel (X), which I think is a lot better [than ATI}”
EMC (NYSE:EMC)
Altria (NYSE:MO): “You buy more! The stock was down a buck and a half. The roadtrip just began. It yields 4%+. Their going to boost the dividend.”. Cimarex Energy (NYSE:XEC)

Bearish calls:

Goldman Sachs (NYSE:GS): “GS will eventually be the winner. But, until then, I have to tell you that, until it gets to $150... don't buy, don't buy..”
Cisco Systems (NASDAQ:CSCO): “ …is back to $25. I want to sell that.”
CIENA Corp (NYSE:CIEN)
Allegheny Technologies (NYSE:ATI): “I think ATI is not the right steel stock to own right here. That's a titanium play, and it's not doing that well

Omniture (OMTR): “We had a great trade in OMTR. We told you to take some off... we do not like tech on this show. Period. End of story. We don't like tech.”
VMware (NYSE:VMW): “Sell, sell, sell!... No, no … It was a high-multiple stock that disappointed.” Delta Air Lines (NYSE:DAL): “Never, ever, ever... own an airline stock!”
VeriFone (NYSE:PAY): “The important thing that you need to know right now is that this company's financials were just a sham!“
Service Corp Int'l (NYSE:SCI): “ I am not a believer in the baby boom play on cemeteries.”
Nuance Communications (NASDAQ:NUAN): “Speech software has been something I have avoided ever since Learnout & Hauspie, which was one of the single-greatest... shorts I've ever seen, so ix-nay on the NUAN.’
Bristol Meyers (NYSE:BMY): ‘ … they're 5%+ yielders... BMY has enough to cover that dividend, but there's very little upside…don't buy, don't buy.”

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Source: Jim Cramer's Mad Money Lightning Round 3/12/08: Veriphone Doesn't PAY