Acme Packet (APKT)

[Not_Bill_Oneil]

Cramer has been on...

a hot streak for awhile now, with this market. Is LVLT a good pick? Yes and no, but, the key word right now is "speculative".

I do like it. The company I used to work with did work for LVLT back in the '90's. But, I probably would not pick a LVLT over some other small-cap issues out there even as a "speculative" play of the year for 2007. Not when they still don't have any earnings, only debt servicing, and according to Crowe's comments, will be that way for another 4 or 5 quarters.

I mean, there are just so many other related plays even within or related to this network convergence theme right now, with solid earnings.

Yes, by the look of the chart and with the industry, economic, and market trends going on right now, it probably keeps going higher here. And they are an integral and big part of the all-things-network-related-bull-market theory I also believe. They are a network of networks. So, yes, I will likely consider buying some in the future, but just not at this time.

Just look at the data shown on IBD's Daily Graphs, and you don't have to do much digging beyond that. There are much better solid (not speculative) picks out there right now, one's with real, accelerating earnings in growing fields.

That said, so often, you read some commentary, or blog, etc. with some stated position, but, you never really get the full perspective of where anybody is coming from - not without a 15 to 20-page report. So, I must add, for some people, who are heavily exposed in other sectors like retail, biotech, oil, banks, transporation, chemicals, etc. sure, maybe a speculation play like this fits in perfect for them. But, if you are already heavily exposed in tech, and especially in this network stuff, like I am, then it makes sense to me to stay with the proven leaders, while keeping an eye on this one. Then in several more quarters when the turnaround is more clear, you can pay up and buy into it then.

Cramer also talked about APKT when a caller asked about it. Is CSCO the better play? Can't argue with that at all - the funds are buying it. But, I'd still recommend doing some more digging into APKT.

Also, check out: http://www.level3partners.com/index.php?page=site/build_it_yourself&nav_id=abee442c701b3c3641d41...

GL & GT.