06-16-2006, 12:16 AM
"RealMoney" Jim Cramer told a caller today not to sell Apple & that AMD wouldn't be a wise purchase. For those who don't know, he is a friend and college buddy of Steve Ballmer. Cramer, who formerly raved about M$ stock, has, within the past month or so, bemoaned his ownership of same.
"Don't sell Apple Computer (AAPL:Nasdaq), Cramer told a caller.
Apple's stock has no debt, and the company has a plethora of new products coming out before Christmas, he said.
Because Advanced Micro Devices (AMD:NYSE) is locked in a price war with Intel (INTC:Nasdaq), Cramer believes that Apple is the better buy, especially for the next three months." http://www.thestreet.com/_tscs/funds/rea...862_2.html
btw-MSFT closed @ 22.07 today (+0.19).
.
"Don't sell Apple Computer (AAPL:Nasdaq), Cramer told a caller.
Apple's stock has no debt, and the company has a plethora of new products coming out before Christmas, he said.
Because Advanced Micro Devices (AMD:NYSE) is locked in a price war with Intel (INTC:Nasdaq), Cramer believes that Apple is the better buy, especially for the next three months." http://www.thestreet.com/_tscs/funds/rea...862_2.html
btw-MSFT closed @ 22.07 today (+0.19).
.