Buffeted

Cramer's Stop Trading! Goldman Has Nothing Better to Do (12/15/08)

I'm beginning to like Cramer...a little. Indeed, Goldman Sachs who will report earnings tonite, is going to get clobbered and would prefer to see everyone else go down with them. On the other hand, the combination of a deepening recession and the misconception that the netbook is a value buy (they can do next to nothing and end up being costly when you add up the service provider fees), dont realize what they cannot do and RETURN RATES ARE HIGH, they are taking market share away from the MAC. Even the new macs (not desktops) are not showing up in the top ten on amazon like last year because of the netbooks. I still think, however, that the numbers skew the real picture of mac sales especially since they account for only domestic sales for the period before black friday. Since when have we started downgrading stocks who depend on the ENTIRE holiday season for the bulk of annual sales based on NOVEMBER sales alone? I dont think Apple investors should be too scared off by this flimsy downgrade from the sinking ship of G.S. and would go so far to say that the coming earnings report in January for Apple should be a nice surprise for those holding aapl.