Behind the L-3 Story

. . . Cramer says buy L-3 Communications (NYSE: LLL) hand over fist (3/21). Shares of L-3 dived on a story in the NY Times about an FBI investigation. CEO Frank Lanza went on Jim Cramer's show Mad Money to talk about the situation. It was a story that Bloomberg covered a couple of months ago and apparently there isn't much of a story there. Cramer enthusiastically backed L-3 and sure enough, L-3 shares rose in after-hours trading.