TheStreet.com RealMoney

Tech Can't Do It Alone

By Jim Cramer

 About this article:
 Tough to keep tech down. Everyone -- including me -- believed the stories that IBM would be down. The takeovers are awesome, as I mentioned before. I think that the Texas Instruments green light is bringing a lot of buyers into the market. And, perhaps most important, what is going on is misread by a lot of hedge funds that believe there is no way these companies are doing well enough to own. No hedge fund believed the Intel bottom story, and no hedge fund believed the Nokia bottom story, but the TXN conference call has made them all scratch heads, and Broadcom's deal to buy out Emulex is shocking them. The rally in Oracle off this purchase is shocking and a testament to how loved tech is, just loved. Meanwhile, here goes Research In Motion and Apple and Google. Now I think that we are going...

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