7/28/2005
James J. Cramer, a columnist for RealMoney.com, has a prediction: When it happens -- and notice, it is strictly "when," because the bill to protect hand gun manufacturers enjoys the kind of support that we typically only find for tax cuts -- these stocks each should be able to jump 20% to 25%. They don't break out their costs, but the legal and insurance costs represent major streams of both time and money to both companies. Plus, the ability of an activist judge to place either company in receivership off litigation designed to hold the makers liable for deaths where guns were involved will be off the table.
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