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Jim Cramer Six In Sixty - 5/8/12

|Includes: Anadarko Petroleum Corporation (APC), EA, MM, RAX, SNCR, ULTA

APC - Anandarko Petroleum - big Utah go-ahead to be able to drill, who cares? we do not want more nat gas, we want less, this is not helpful

RAX - Rackspace Hosting - poor earnings release - Cloud play, this is gonna hurt all the other cloud companies because people are gonna say wait a minute, wireless/wirenet/internet/storage, not working, guidance was bad

EA - Electronic Arts - poor earnings release - I've got EA on tonight, we gotta figure out what the heck is going on, looks like Star Wars didn't do that well, they're not introducing many new games, this is a slowing industry

ULTA - Ulta Salons - was a big upgrade, it was a big same-store sales increase, still going down, this stock if it turns the rest of the market or at least the Nasdaq could get a bit

MM - Millenial Media - Stifel Nicolaus initiates coverage at Hold - this is negative for Facebook, this is a play on how to do mobile advertising

SNCR - Synchronoss Technologies - poor earnings release and downgrade - AT&T Wireless which I have on tonight is saying isn't slowing, I don't think so

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.