The market including this one dow dipped eight points nasdaq advancing 0. 11 . Do you know almost every Single Company that jumped a sizable amount played a major role had. These are companies that arent about to let themselves be contrained by possible fed rate heights. The strong dollar as it is weakening, not to mention port strikes, politics, greece whatever, all the forces that keep stocks down can be defeat bid adjective ed by a smart management team. They are not willing to see their stocks futures to the s p 500 stock features. You dont need to know where the german ten year treasure went out this morning if you take a valuation path. All these managers of these Great Companies are thinking is if we take this action we could create instant wealth for our shareholders, and that is exactly what they pay us do. Hallelujah lets many look at pll corp to be bought by dan at a huge price. 12 123. 89 was 99. What a win. Did dan corp overpay given the price . Apparently they wanted pall so you would expect there was a reach to win that auction. I know we did the math and what would have happened if Thermo Fisher did, the answer is it would have cost too much for tml which is why i believe thermo went up today. However opening up 4 while it only gave up a lot of that the market still applauded the deal recognizing gt it can bro money cheaply so the acquisition can make the stock go higher. Plus, this morning the company decided to split itself into two entities, an industry real company and i science and technology company. With pall as its key stone. The break up is brilliant. With pall in the stable made no sense to keep all these businesses under one roof. I expect both companies to make more acquisitions to grow their own businesses and as these deals happen the stocks of both companies tend to go higher over time. Next up theres williams, wmb, responsible for transporting 30 of nations natural gas around the nation a lot of natural pipelines, today bought 40 of Williams Partners wpz, it is paying 13. 8 billion in stock. Obviously the target rally was big, up 22 , but the acquire stock would too up more than 6 taking constroll of its own destiny. It makes sense. Because now can get more access to cheap capital allowing the company to buy up other pipelines while raising its distribution at 10 to 15 clip for years to come. This deal is so exciting income and growth both hard to come by, can be a consolidator so badly needed. We have dozens of pipelines in this country, we need four or five of them, thats coming, williams with kend raw morgan will be consolidateorsconsolidators. How about Owens Illinois very low grown, paid a Mexican Company this morning 2. 5 million to buy, this is Owens Illinois buying something and its own stock rallying 10 . See the theme. How about another winner monsanto, i flagged all the winners, i kept thinking it was earnings, no it was something the company is doing monsanto might raise its bid to acquire a competitor sent the stock running because they will use cheap money to take out money for a company they compete with its business. If next transports have been acting terribly since oil bought them in the 40s but this morning Delta Airlines announced 5 million buy in talk about taking matters into your own hands, they dont have much earnings but are still making loads of money. Stock didnt bo up like people thought, again, something is wrong with the transports i think because oil is going higher. Lets talk about the flip side. Dupont stock plummeted to 6 because failed to get representation on board of directors. They have couple billion dollars in there, shortterm investors it fleeing the stock in fear of no major change or that might dump the shares and depress the stock. No idea what they will do. With defeat by ceo and board the stock has fallen to under 70. Is that fair . Not for us to decide. Felts put up a fight but in the end i think coleman had done too good a job at dupont to purse aid the shareholders. Plus cut cost boosted the dividend and spinning the under performing commodity, whats not to like what shes been doing, nevertheless with belts unable to seemingly effect change it becomes yet another chemical stock. Do we want that . If the dollar is strong dupont could get hurt numbers could get cut, Agriculture Market gets hammered, dupont misses the estimate stock goes lower. No one wants a stock that puts up with the visitudes of the economy but thats what sheetz done. No doubt will continue to create value in an ongoing process. Fact is kind ofim peeric am i think the worlds are Getting Better and many earnings will have tail winds from currency and they dont want to wait. If the rest of the world improves, even better. Bottom line, to the ceos who are watching, its no sin to think big when trying to create value by doing something. So what are you waiting for. Lets go to todd in arkansas. Todd. Caller hi mr. Cramer thank you for taking my call. Today id like to talk to you about gm. Seems nothing good is going for them. First the ignition switch defect story and now sales in china are declining. Should investors stay away from gm. This is a soul hitch searcher for me. We debate it every day. Out of 4 yield we got that great income stream but europe is bad. The answer is i dont want you in there. Weve been saying listen we doesnt know what to do we dont want to give it away because it seems too cheap but talk about a stalk this has no momentum. Andy in alabama. Caller hello cramer. We need your advice down here. Sure. Caller i bought something three weeks ago and got off that train and got into mic, i wonder if you think i should keep or sell m. I. C. And thank you jim. Im a big supporter of chip kelly and he thinks it will help in practices im all in. Heres the problem. I dont like infrastructure stocks and Union Pacific is breaking down it is so cheap, i know the stock is rolling over i know they have a fracking problem, 234e have oil issues most importantly theres value here, but i dont like to recommend a stock. Because tomorrow it will say cramer loves Union Pacific. The stock is going down but it is a good company. I shouldnt care about the next three points but unfortunately i know everybody does. Lionel in oregon . Lionel hmmm perfect. Okay. Lets see. Why dont we go to joe in indiana. Caller hi jim. Watching internet Continental Exchange and i wonder your thoughts. Its such a winner sometimes i dont talk about it because its a 200 stock. They take cost out but it is a real winner and consolidator and then fit very much in my theme of company thats take matters into their own hands. Ice works. All right. Dont just stand there. Do something. Thats what i have to say to ceos that are sitting on the side lines. After 20 years legendary ceo john chamerbers is stepping down well talk to him. And why dont we talk to boone pickens. And check in to a major power player in the south announce aid huge Solar Project. Stick with cramer theres some facts about seaworld wed like you to know. We dont collect killer whales from the wild. And havent for 35 years. With the hightest standard of animal care in the world, our whales are healthy. Theyre thriving. I wouldnt work here if they werent. And Government Research shows they live just as long as whales in the wild. Caring for these whales, we have a great responsibility to get that right. And we take it very seriously. Because we love them. And we know you love them too. It took Tim Morehouse years to master the perfect lunge. But only one attempt to master depositing checks at chase atms. Technology designed for you. So you can easily master the way you bank. My name is rene guerrero. Im a senior Field Technician for pg e here in san jose. Pg e is using new technology to improve our system, replacing pipelines throughout the city of san jose, to provide safe and reliable services. Raising a family here in the city of san jose has been a wonderful experience. My oldest son now works for pg e. When i do get a chance, an opportunity to work with him its always a pleasure. I love my job and i care about the work i do. I know how hard our crews work for our customers. I want them to know that they do have a safe and reliable system. Together, were building a better california. All right. Lets get down to brass tax, can watson move the needle for ibm, i dont think they can or will impact ibms bottom line in a major way. It has terrific uses a lot of them in health care which is a gigantic category but watch the earnings story than the profit aable metaphor. Unlike the slowly declining slow business, ibm is working to set that drop off with a rapidly advancing cloudbased effort help predict it. Watson is at the core of that effort. I think watson is part of any ibm sales pitch, customer or prospective client. I personally would be able to love to demo watson as a way to drum up business for ibm. It say real dooropener, how to figure out ways to make any business grow faster regardless of the industry. Lets say you want to get in front of a chief marketing officer in front of a major company, how could you not be intrigued after seeing our show last night about what watson can do for you. Maybe wont to now what people across the country want to know about a new commercial in all venues or patterns of organic versus gmo across the south. What are they saying on twitter about it. The eco significancesystem that is watson has the answers. Without selling experience it might be lost on you. We have a huge number of or fan Drug Companies on the show trying to get their medicine to patience. Patients but because they treat Rare Diseases a lot of doctors dont know trials are going on and others dont know how to diagnose these conditions using the systems in front of them. To me watson is the answer it know its the protocols and research it read 12 Million Research papers so it can connect atrisk patients with the correct medicines. It is not fictional. It is emperrical not anecdotal and you can get actual answers. Still as medicine gets more and more personalized i think the whole system from the Doctors Office to the emergency room to the rest of the hospital will surrender to watson. They dont want to take care of patients in the wrong way, with wrong being less expensive or less compassionate drugs. Watson is the answer. I would love watson as my wingman. It is a door opener to help perhaps save lives and improve the bottom line when is it comes to testing or marketing. I think watson can work to enhance the profitability of ibm all the way down the way. Watson has my vote, how about yours. Lets go to david in illinois. Caller captain cramer a board your 17footer. You bet im skipper of the wailer. Whats up. Caller my question is about ticker juno. Yes. Caller their business involves reengineering dna to allow the immune system to detect antics what are your thoughts on juno. We like juno. We like exactly that kind of cancer therapy. We also like halo halozone. Heres the problem if you own them you can understand they can be wild. If youre experienced investor you can take the risk but it is risky. How about ted in texas. Caller congratulations on your recent marriage. Oh, thank you. Caller i always watch your show. Sfrz ive been looking at the stock for quite some time i want your opinion on gardener ink. It is very well run, gartner. Very good idea. I think you need consultants, and i like your call. Thats going to have to be it. My dear watson can it move the needle, well it can improve a customers bottom line. Thats all you need especially if youre a sales person. More to come get cisco ceo reaction on the numbers. And oil has been on a wild ride is another collapse just around the corner. Stick with cramer autol autol. Auto. Over the last five days cisco is off 23 . When it comes to the Technology Industry this is the end of a era, the John Chambers era and beginning of a new one, John Chambers who has been ceo running cisco for 20 years plans to transition to executive chairman will be there with companys Senior Vice President taking his place at the helm. Since 1995 has led citiessco through good and bad times and always been straight with us. Hes going from the back bone of the internet to first rate security built into products very important, every company is worried about hackers. The company with higher than expected sales, a very solid outlook and stock up quick 10 since spoke with john in january. Lets talk to John Chambers to hear more about the quarter and his companys future. John, welcome to mad money. Pleasure to be with you again. 20 years this is the most feisty ive heard. At one point someone saying you are losing share you call it garbage, you came out sworn against white boxes and left it behind, are you leaving mr. Robins in the best position competitively youve ever been . Jim, i think you said it well, our company is in the most Competitive Position ever. Weve moved from selling boxes to outcomes. Youre digitizing every country, you either change and disrupt or get left behind and cisco is the lead player and you saw that in our lead quarter, up 6 to 7 so was our commercial so was our enterprise. Serve provider was weak but will change over the next couple quarters. Our productship is never better made the transition from switching and routing, both growing well. Core business growing 6 . Riding business growing by 4 . Collaboration growing by 7 . Deferred revenue growing by 20 . Pipeline deals which will be the model for the rest of the world is 3. 7 billion from 1200 business transformational projects going on, only billion dollars a quarter out of that market. So as you said in the lead in weve learned how to get up stronger when we get knocked on our tails, much like we want our kids to do, i think we are in the strongest position we have ever been but check is absolutely the right ceo to take us to the next level. Year or two ago were you concerned because the while label guys were hot saying cisco was left behind i feel the challengers have been left behind. You have to be concerned when you had the new products out that maybe some people were catching up. Well jim, i think you go through transitions and this is what cisco has done that no other Technology Stock has done. You know where the market is today we are projecting record earnings per share and record revenue. Most of our peers dropping in negatives. Second thing is there will always be group of challenges. They come and go over the years, and eight months ago at our sales market we said the industry will consolidate brutally the hps of the world, et cetera, will you see us pull away from those and weve been focused on the white box guys for four and half years, thats what were going to do with architectures so you always want to be aware of market transitions, we normally lead them. Boy, this one, jim i did challenge people on the call when someone misstepped when they said i think what youre proposing is entirely wrong and lets deal with the facts here we are breaking away from it we are transitioning very well. People want outcomes to generate new revenues higher productivity and cisco is positioned like no one else to do that. Can china continue to not spend as much and not fall behind can brazil continue to be down 10 and not fall behind can the Service Providers continue to spend so little ant not fall behind. Dont they have to come in and start spending more. Well, i think the countries around the world two of the three we mentions china and russia are more political issue yous s and as they evolve we are in position to benefit. I think in terms of Service Providers we will take share there, i said i dont think it will increase second half of the year but in the next quarters will see us back in positive growth. Was minus 7 today. That will be more share of market of. Opportunity for cisco to dwarf what we did in the 90s in terms of growth to our customer is very much there and combined with security, we have the Security Strategy that the white boxes do not you combine that with every Company Going digital thats a board room discussion i think you will see it in terms of growth. All right. Chuck robins begins, more on the road than you tougher than you, less collegiate whats the wrap . I hear hes just a tough guy. A little less evoncualar than you are. Im not sure i would describe him that way. I think we have a many similarities but an area were different im good on vision and strategy and saying lets make it happen connect the dots he combines that with building in the vision to build that strategy which is why he took u. S. Enterprise grew 20 this quarter. He takes principals and goes global. Hes a machine. We have many same characteristics in terms of being customerdriven, culture, neither of us perfect but to the best of our ability we always do the right thing. Hes the right match at the right time. I would say more similarities than differences he will change the things that need to be done. I think will you really like him. Hes coming on at the right time. Last question. Education now. Youre moving on. College level . Lower level . Higher level . What do you think . Where you going . Well i love to do all the both. Two skolcolleagues said if you do a class for ceos we would sign up for that i was humbled by that. I like college level. I like talking to young people. They challenge you. They have no respect for what you have done. They want to see how your mind works. And then keep you young. So involvement in education, someone has to help the u. S. Get back in line in terms of the government to become a digital country. The europeans and asian and china aringe beating us. I also like doing start up time helping publics go public because it is a fun cycle to watch. Key take away my wife is my High School Sweet heart, for 44 years shes put up with me on this and i finally get to spend more time with her. Her name is elaine shes an amazing partner and thats what im going t