Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Zynga Worth the Bet?

Details

  • Description

    Jay Pestrichelli of ZEGA Financial argues that he wouldn’t invest in the social-gaming stock.

  • Duration 2:27
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Appreciate it.

Let's take a closer look at these Zynga -- -- PO because this is a big deal today on the markets joining the company is.

He's with the disease got financial Z -- not saying go right yeah that's right -- -- Z go all right I wanna know about from.

We all know what losing get these you're getting makeup.

It uses social networks as the platform farm bill Citi build mafia wars and dom de -- I think it is.

In general what's -- view of this stock coming out -- ten ten dollars a -- today.

So when you look at the game providers in the market they've been kind of a -- or over the last couple years you look at -- -- to -- to look at Activision Blizzard.

They're stocks really haven't done very much and it's not a product question their products have been outstanding a look at fifth call of duty.

Billion dollars -- sales and sixteen days but you look -- World of Warcraft set the standard for how multiplayer games there are.

-- -- -- -- -- status essentially and they haven't done very much and so when I look at Zynga I don't think it's gonna do very much after the IPO when you when you think about.

What price an individual can get -- a stock like this had after the IPO.

I think it's probably -- them to navigate you don't treated as.

Social net woke.

Stalk you think it's a game -- get there about product showcase their products are games and so listen social stocks are not bad idea I saw that you.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- So you know things and is up to much.

I think it does it listen I'm I'm happy for this country think the products are great read but just because you like the product doesn't -- -- -- -- like this we're gonna get his popular is the things become have they -- is there -- some curiosity that.

How much growth potential is that listen I we think mobile is just starting to take -- I think there's tons and tons rumored for for new and exciting games on your mobile devices.

Not the Blackberry obviously right you guys decided of the -- the -- tough to play -- on a Blackberry like you can out of touch screen but.

I think there's tons -- room for growth in the product itself.

I don't know about the company don't know if a company you know -- Petrocelli we come on -- Q because you have an opinion and you expresses so that all of us to understand thank you will you come back again of course if you don't -- -- -- -- -- -- -- think.

Load More