Jim Cramer
Jim Cramer, a former hedge fund manager, is a famous TV personality focused on the U.S. financial markets.
Cramer hosts popular CNBC show, Mad Money. He is also a co-founder of investment website TheStreet.com (Nasdaq: TSCM).
After working for Goldman Sachs in the 1980s, Cramer started his own hedge fund, Cramer, Berkowitz & Co in 1987.
Cramer is often criticized in the media for his stock picks. Critics suggest Cramer's picks do not outperform the market.
StreetInsider.com Pre-Open Movers:
iBasis Inc. (Nasdaq: IBAS) 26% LOWER; reports Q1 loss of $0.03 does not compare to analyst estimate of $0.12. Revenues for the quarter were $324.9 million, versus the consensus of $357.50 million. Announces a $15M buyback.
Gildan Activewear (NYSE: GIL) 24% LOWER; sees Q2 adj-EPS of about $0.35, which is lower than its previously issued guidance of $0.42 and versus the Street consensus of $0.42. Also lowers its FY08 guidance from $1.85-$1.90 to $1.45-$1.50, versus the consensus of $1.90.
LCA Vision (Nasdaq: LCAV) 20% LOWER; reports Q1 EPS of $0.37, 11 cents below the analyst estimate of $0.48. Revenues for the quarter were $79.6 million, versus the consensus of $86.21 million. I guess lasik is not as popular in '08.
Intevac, Inc. (Nasdaq: IVAC) 19% LOWER; reports Q1 EPS of $0.07 versus the analyst estimate of $0.02 loss - may not be comparable. Revenues for the quarter ...
