Cramer Bullish on Mindspeed

Rich Tehrani : Communications and Technology Blog - Tehrani.com
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Cramer Bullish on Mindspeed

Jim Cramer who used to be bearish on VoIP is now a massive bear based on tonight's Mad Money program where he went "madder" than usual discussing how fast VoIP will grow. Apparently this article in the Washington Post is what started this fire. He surmised that Mindspeed would benefit greatly from the rapid growth in the VoIP market.

On a side note, in a past show Jim mentioned Skype would be a reason to bet against ILECs.

Getting back to Mindspeed, there are so many public companies benefiting from VoIP from Avaya to Inter-Tel. I am surprised he picked Mindspeed and focused on them so heavily. His praise seems to have done the trick as the stock is up in after hours trading.


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