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Preparing a Fiber Spending Field Bet

By James Cramer

 About this article:
 You can't make up your mind on who is going to win: cable or wireline or wireless. You think that in the interim, you want to make some money no matter what. You know that Cisco's the real winner, but owning that stock is like watching paint peel. What do you do? How can you hedge your bets and make money? How about a $3-$4 field bet on a bunch of players, all of which are levered to the spending? You get stopped out at zero on all of them, of course, but if one or two hit home runs, it will make up for those that go to zero -- and then some. Meanwhile, as is usually the case, you get one of those situations where some stocks do nothing, making it so you net out a positive, given the low prices of the stocks and the asymmetrical...

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