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All the miners and -- competent -- -- -- and mourn him for per Burnham real Brussels reporter journalist exactly stirred vita tomorrow mr.
-- the more access mr.
-- -- -- -- departing governor comes up and took.
Exactly not one -- time Perelman.
Fox Business Network -- -- already on.
On FOX & Friends this morning yes I am -- you bet on Fox & Friends First.
Yes -- have -- trigger -- that it was second at fox and friends first -- 5 AM should not open on the not.
And -- around and another girl it's a great show awesome to bottom left out of the army noted though it's a good show what -- is Brian Ares tells you what you -- -- good pace everything you need a you know America's getting up.
Much earlier in the morning.
A lot of people tuning at 5 o'clock see what's going on her -- sub -- -- -- -- You're not dealers embedded it through javelin strategy gas -- and so my financial advisors.
-- and Robert Landers -- veterans for forty years.
And I'll I'm going to stay where else.
-- -- -- -- -- -- -- there we get some -- FaceBook.
That a bird one day -- parliament some money as the dollar turned many most of that.
You feel now well -- -- 300 shared don't -- And all -- affected -- too badly -- now.
Look what happened a lot a Mattson walk a disappointing masks a fiasco I think is a disaster.
Look long -- -- I don't know whether Facebook's going back for a vertical -- A disaster OK what Hampton.
That put out.
A lot more share has -- they stole a look at -- put out -- the last minute they upped the amount to over 400 million says -- -- the same time they upped the price to 38 dollars -- from 34 death from thirty from a range of 34 to the top -- 38 dollars and they said we're gonna put out of -- more than 400 million chants.
So that don't that high a price -- -- just as they would getting some bad news.
About the amount of money that's actually coming into FaceBook.
And so it hits the market at a high price millions and millions of shed as the market cannot handle it.
The bond holders to settle does the cancellation orders they get all messed -- -- -- frightening system breaks down -- masked men on NAVTEQ also missed analyst.
Yes that it that's it the stock trading system broke down.
So -- you've got 400 million shed as hitting the market at a very high price it -- a market system the wasn't capable of trading it properly.
So down it goes and and the finger pointing stops.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- They knew that in advance so some of them will pulling back just as they -- raising the price.
-- mean there weren't raising enough money from advertising.
Yes that's right yeah -- of the revenues that -- coming in.
We're actually going down that's not supposed to happen with a company big new company like FaceBook but it is an actor way to value the company valued the service debts.
All they have around 900 million right 900 men jump in anytime call absolutes of it's it's it's a conversation about this and there's -- I appreciate that opportunity so you can dressed up front -- -- -- -- -- is something that is an afternoon to learn something that's when I'm so let's turn taking notes that OK correction Icahn battle about 900 million people are just.
Now -- the question is how many people would for.
But don't have to renounce as well that's one way of raising money -- idling is a very good way because -- -- my question is is not a way to value the company.
Justice 'cause probably nobody would report another paramedic -- not a way to value -- I don't care.
Not the way to value the company was how much advertising revenue is coming in X amount of dollars plus how many dollars -- will -- in the future.
If you got a base of 900 million unit uses the seriously look this is a brand new industry -- you can milk 900 million people and bring in a lot more money that you bring in and now they're and that's what all -- regular small investors that's what they thought they wanted to be it on the ground flaw.
Of this all American dynamic big new American company new industry.
That's -- it might be the next Google all the next apple that buy cheap get in early and away it would go that make some money.
While in the first few days it didn't look out like that but I'm not -- -- law but in the long run it will still be a fight yeah.
I don't see how people look you've got 900.
Million -- soon.
You mean to tell me you can't figure out some way of making some money out of out lots and thank you think would aren't -- --
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