Interesting Stuff… Keep an Eye Out For…
what develops with DNDN and TWX’s AOL division.
Dendreon Corp (DNDN) is on the verge of producing the world’s first cancer vaccine. (very promising stuff) But what I found very interesting recently was an article by TheStreet.com that gave a BULLISH case for DNDN!?! The reason I am so surprised is because Cramer and TheStreet.com (viewed as different entities) were bashing the stock for years… i mean completely bashing.
TheStreet.com would write articles how CEGE was the better play, and Cramer once highlighted DNDN as a crappy company and stock (and got his analysis completely wrong on the company). Then the next day on MadMoney he tried to correct himself, but GOT THE CORRECTION WRONG AS WELL (which further hurt the stock).
My Point here is TheStreet.com is becoming favorable to it because they are now realizing the real potential, and time is the only thing stopping Cramer from highlighting it on his show. I think Cramer will highlight DNDN later this year or early next year. (Then we will see the stock go up some 60%, and he will take credit for a correct pick… even though he caused the spike.)
As for TWX’s AOL group… I thought the hiring of the NBC executive was a brilliant move. This is inline with their game plan, and there are no better people (IMO) that can run a Portal better than TV executives, so long as they understand the difference in targeting advertising and what TV offers (which i’m sure most are smart enough to understand). By being with TWX AOL already lost most of its ability to innovate, but at least now their leader truly understands the focus of the company.
