ss2504

YRC Worldwide Keeps Truckin' - Cramer's Lightning Round (6/18/08)

Cramer is unreliable on Jun/5 he recomends SLT as buy and in less than 2 weeks he changed his mind and now its sell.

The Coming Death of Indian Outsourcing?

Wage increase is slowing in India. It is expected to be approx 12% this year.
With inflation, rising healthcare cost and depreciating dollar in U.S. - U.S. cannot replace Indian jobs. Malaysia & Thailand are politically unstable and lagging in technology and management skills.
Indian I.T. companies will remain profitable for many years.