May 1st - VZ AT TLAB CIEN

Cramer once again is preaching defensive plays right now with lots of reference to dividends. He looked at 4 Telecommunications plays as follows:

Verizon Communications Inc. (VZ)
Closing Price: $38.51
After Hours High: $38.97
Percent Increase at High: 1.19%
After Hours Most Recent Price: $38.73
Percent Increase at Most Recent Price: 0.57%
Sector: Technology
Days to Cover: 2.8
Short %: 1.15 %
% Held by Insiders: 0.14 %
% Held by Institutions: 60.80 %
50 Day Moving Average: $37.43
200 Day Moving Average: $36.31

Alltel Corp. (AT)
Closing Price: $62.1225
After Hours High: $63.07
Percent Increase at High: 1.53%
After Hours Most Recent Price: $62.62
Percent Increase at Most Recent Price: 0.80%
Sector: Technology
Days to Cover: 2.2
Short %: 1.67 %
% Held by Insiders: 5.23 %
% Held by Institutions: 71.90 %
50 Day Moving Average: $61.72
200 Day Moving Average: $58.29

Tellabs Inc. (TLAB)
Closing Price: $10.80
After Hours High: $11.70
Percent Increase at High: 8.33%
After Hours Most Recent Price: $11.14
Percent Increase at Most Recent Price: 3.15%
Sector: Technology
Days to Cover: 1.4
Short %: 2.63 %
% Held by Insiders: 5.43 %
% Held by Institutions: 69.30 %
50 Day Moving Average: $10.26
200 Day Moving Average: $10.41



CIENA Corp. (CIEN)
Closing Price: $29.44
After Hours High: $ 30.00
Percent Increase at High: 1.90%
After Hours Most Recent Price: $ 29.78
Percent Increase at Most Recent Price: 1.15%
Sector: Technology
Days to Cover: 3.6
Short %: 11.89 %
% Held by Insiders: 0.26 %
% Held by Institutions: 79.40 %
50 Day Moving Average: $28.31
200 Day Moving Average: $27.14