Jones is likely to start for the Potters when they face Laudrup's side in the Premier League on Saturday, with reports having linked him to a £3million move to the Liberty Stadium.
Swansea have received a number of offers for the in-demand Graham and Jones would make for an ideal replacement up front.
But Laudrup said: "He (Jones) will probably play. Maybe if he can play with us it can be 12 against 10 but I don't think that will happen.
"Let's just say it is not the proper time to talk about a player when he is playing against us in around 24 hours time.
"Let's hope tomorrow he does not have too good a day as it is better for us."
On Graham, who has been linked with Sunderland and Norwich among others, he added: "Everywhere it is saying there have been some official bids, it is true, but apart from that I don't really have any comment as in the next four days we have two very important games.
"Saturday is a very important home game against Stoke in the league as after that we have two difficult away games against Sunderland and West Ham, and we all know about the game on Wednesday (against Chelsea in the Capital One Cup), so that is much more important.
"So my only comment is we have had some bids and I don't want to go into detail about what clubs they are."