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Zynga Takes Another Hit
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Dynalink COO Larry Fischelson on the future of the social-gaming company.
- Duration 3:28
- Date Nov 30, 2012
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Dynalink COO Larry Fischelson on the future of the social-gaming company.
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Now that having two stocks that we've been hitting you -- Zynga and Research in Motion I'm gonna stop -- and take a look at this for us.
Zynga is the company that does farm bill and the very popular woods with friends it's now taking another hit as FaceBook is now allowed to create -- its own gains and uses of Zynga games will not be able to report that progress on the social networking -- that's a big deal the stock is down 6%.
Joining us now is Larry officials -- is the chief executive Brett -- link is with us.
You have been any defend die of Zynga if I'm not -- -- So are you gonna change -- tune this morning.
No I actually think it's a good move there was too much self reliance on both companies so now they're giving each other a little bit of of breathing room.
Now Zynga is all about online gaming online gambling that's that's what we're betting on gambling a case that you know if not woods with friends it's not farm bill -- -- what we saw today was even though they went away from each other a little bit.
FaceBook has in there that any online gambling -- seeing it -- overseas FaceBook has to be apart of it.
There's a reason for that Hollis I know that I wanna go back -- commitment if they've got -- on -- in the war to all of online gambling.
Why the -- down to -- winds destroyed at all.
Well what what's happening is the market is not seeing the monetization of mobile that's why FaceBook -- -- U law I absolutely see the monetization of mobile and FaceBook we're seeing them move up as we hear more about.
Monetization of mobile so as they push that it's gonna mullah you'll -- Zynga right now you'd buy this thing.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- We put that on put that stock on death watch I was totally wrong we put it on death watch the stock went up -- where do you stand on the Research in Motion now.
They -- that at the Golden Globes for best drama Oscar predictions now for 2013.
You're gonna see it as best drama.
This stock I do believe is dead and I think the downside on it is incredible.
The probably.
-- rarely adheres limit ago we did I use these things I don't even like okay that they got the Blackberry ten is it coming out but very tenuous thirtieth I think it is correct you know anything about it.
Is it good what I know is it's not gonna do well.
This sent this this is why -- went up.
Give this a lot over shorting that's coming -- so you're gonna see a little short squeeze but the other issue is you -- -- this thing instead of very senior Seattle let's go ahead.
And they say and that's a 30% chance of success rate you wanna -- your money on a 30% chance of success rate.
There's no cross platforms here like the IOS the enjoyed so there's a few scenarios here -- -- could totally go out you can get an asset sale which -- figure well you can get a take under which I think will happen I think Microsoft.
Will -- men.
Take it all under the five to seven range the -- -- this is 1850 I believe now around eleven dollars they're gonna take it.
For the user base the enterprise software.
And the -- It's OK so you will put Research in Motion on sort of a death watch if he's gonna go way down absolute ritual -- Zynga but I have bullets and okay that's got.
Larry officials and directed to the point do we do house on Friday morning and -- for thank you for having net.