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Spot let's get to that there was.
There was an ultimate moment yesterday OK they made a big announcement about the big surprise well they generated a lot of buzz and some of it was that's it.
Okay the social search announcement came out yesterday.
We're looking at the stock today it is up but simply by three pennies no real lift from that announcement yesterday.
But the stock has certainly come a long way from its IPO days as investors start to pile -- remember it IPO to 33 -- fell weighed down but Dan -- alpha one capital partners chief investment officer.
Says not only does he like it he loves it.
It's is favoured stock for 2013 is joining me now from -- has -- -- talk about why he feels this way about FaceBook.
But also -- gonna pick your brain on a couple of other sectors and names that you like in a minute.
Let's get to up a FaceBook can't tell you right now you know yesterday they they built this thing up for days and days.
Our Shibani Joshi was saying don't get too excited it's not going to be found it's not going to be search it was search but only simply.
On the web site itself were you disappointed or do you still love the stock right now.
I -- -- disappointed I mean the company itself didn't say anything about what are or the media got itself and -- frontier corporates that the would have put but it.
And abroad so revealing what -- introduced it was a good first step in to search it's just in the US justice but desktop.
It's just a prototype side it's -- great business for them to start.
Getting into and what you'll see is that rolling out powerful.
Offering later this year and then you should see that movement and mobile and then see that movement to the global market so you think about the size of the search opportunity obviously you have Google yeah.
And you have -- that has no revenue.
-- but there's about a billion queries that -- On based.
But -- -- -- but I'm sorry command monetize the social search announcements in any way shape or form.
-- have definitely spoke about it this way let's say that you wanna TM movie that you go ahead and Hugo larger network on FaceBook -- your friends.
Or or you go ahead and say you know what movies are good you'll get a bunch a search results back and then -- can go ahead and put a little.
Their movies and resign but -- -- -- global it's not any different whether you're searching for -- -- movie or.
What -- looking for travel destination the center -- the results coming back to you live.
We based on it you know what are your -- what did they like and so the results will be more customized -- Sources -- where you're not really getting customized results are getting what everybody kind of like.
Just -- -- -- may announce big government.
So so let's let's just though overall talk about why we find your perspective very interest -- Because last year you did not like the stock you love to hate it now you you just love it I mean this is this is incredible that the turnaround you really feel very strongly about this.
Based there were one thing that you absolutely adore about this and and telling people have to say buy it at thirty dollars.
What is it what will like get out of that how high does this thing go what's your -- Erica what's your energy about it.
Sure well definitely need to think about it when it came public -- very shorting at the moment -- exactly and the reason was really simple don't he had wanted to -- growth.
And I was advertising on the desktop that -- that and before moving to.
Accessing FaceBook on mobile -- but more importantly the attitude -- senior management of the company.
-- there was really nothing wrong with that they told you that they were interested in building a great product they -- interest in making money.
You can read Mark Zuckerberg letter to investors before they went public -- laid it all out for you except everybody again decided to ignore what he had to -- The problem has -- the stock are cut in half.
And so at that point you -- learned to focus on what I we -- want.
And so what -- -- seen them that well you've seen mobile sponsored ESP they had no revenues.
From mobile and may welcome bill probably -- two billion this year behind e-commerce through if they just want that December.
Eleven -- west and -- about a month ago but probably do a couple of hundred million this year and we've seen how big an Amazon on eBay -- yeah I'd also like out search.
Ten to twenty million on these these instant gifts which is is how one idea boom ten to twenty million -- -- I'd also like to get your second best idea week.
We teased our our -- investors saying not only to see -- -- -- -- he'll get a second best idea to you what this semiconductor space but the names and it.
That you're picking right now aren't exactly that the household names like the Intel's -- the Nvidia's with the AMD's -- what's your favorite name.
Right and -- you have to remember one point -- total accompanied almost went bankrupt and nearly -- though it alone can't so we know today the company that I actually like the best today.
Is -- is one of the top twenty biggest semiconductor companies in the world.
Very few people heard of it it's called ON Semiconductor -- -- and then right -- and they got spun out of Motorola 1999.
They've and you semiconductor business.
And for these guys they've really had the perfect storm problem they've -- -- business in Japan.
Then you have the earthquake in Japan.
-- there operation got -- with flooding in late 2011.
And most importantly you have.
Global growth get cut in half from the middle of 2000 -- -- from about 4%.
To less than 2% exiting this year so they've been caught all of that now -- -- -- their businesses finally started to get better.
And it's continue to get better since October -- well diversified across the globe the fact that the yen is weakening.
Really helps to profitability by tremendous them I think the stock could double over the next you know couple year.
He said that double over the next couple years for early people who want instant gratification damn nice to see you Dan -- -- one capital partners we will be -- backed --
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