What Cramer Said On RealMoney Radio Friday

Two Tech Opportunities, Now Passing
By Jim CramerRealMoney.com Columnist11/3/2006 3:38 PM EST

Opportunity soon will not be knocking at two properties: Electronic Arts (ERTS - news - Cramer's Take - Rating) and XM Satellite Radio (XMSR - news - Cramer's Take - Rating). Both, after disastrous years, are coming back. Both will have easy comparisons next year.
Electronic Arts is done going down, having made the numbers and then some. The company at last will have smooth sailing when the gaming hardware platforms from Nintendo (Wii) and Sony (SNE - news - Cramer's Take - Rating) (PlayStation3) ship. The fact that it had a good quarter ahead of that is amazing, given how little hardware there is now.
XM has reduced expectations to where they can be beaten. That stock's done going down.
I thought that Viacom (VIA.B - news - Cramer's Take) should have made a move against Electronic Arts to get fresh programming, more ad space for younger people via in-game ads and a good online move. Sirius (SIRI - news - Cramer's Take - Rating) needs XM to stop competing. It's killed them both.
The key thing for both potential acquirers is to get deals done before the prices go up. That didn't happen. Soon it will be too late, and the best opportunities for both companies to grow will be squandered. ..read more: here

11/05/2006 09:19:00 AM

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