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-- ho -- market day but.
Is it time to jump in on any of these names they can suck UN and -- burn you joining us now Jeff seek out president and chief.
Officer -- seek out wealth management who made quite a brilliant call.
What was it August you said at and Netflix was at sixty.
You said this thing is so cheap apple should just go ahead by then it really come out with that so called.
Ghost that is apple TV I keep hearing about now here it is a 181.
Dollars how did you know -- In in the entertainment world and that is the media in the media world content is -- Netflix had the con -- they had the formula they have the model.
And apple at that point had the cash.
And they also have the apple TV.
So to me it made perfect sense that they got they they took over Netflix that they don't be able -- got apple doesn't buy equities back right.
-- -- -- not not only did not not only would have been have been a good idea that point but now.
Netflix faces a very big tough competitor and Amazon.
Amazon and prime video is beginning to -- venture into that.
Industry and that is -- to give Netflix a run for their money.
To that point Saturday night my son who is now totally -- -- Daniel Craig after Scott -- said he wanted to -- the Daniel Craig dude.
In his other movies Netflix did not have Quantum of solace the first James -- -- that he did but Amazon did right they got my vote.
Right and you have to understand without Amazon they have such an exorbitant amount of cash.
They could compete -- bid against Netflix and that's gonna create an -- -- would you buy Amazon would you buy Netflix one of the other.
While Amazon I -- right now I wouldn't I think right now Netflix has gotten to the point that they're gonna have to show that they could.
They could -- -- act against feminism so right now I would be I would hold off on doing.
Okay let's get to grip -- up about 6% today -- date.
Jettison that that CEO founder Patrick Mason I mean look keep the Smart enough to found the company couldn't -- it could I get it right.
But does that the changing of the jockey make the -- run faster or is that still the same old.
-- knowing you know and and anyone couldn't see that this was a flawed business model from day one.
I mean the vivid of them they made sense that they can take advantage of the consumer that shops for bargains.
On the Internet the only problem was.
There are no barriers of entry into the into the industry so anybody could come in and what they found which is what they were trying to overcome was that.
When you when a small business took a loss on on product on and on Groupon that they would be able to.
Get some continual business they found on Groupon.
That they've been unable to do that so there -- -- no loyalty to basically people are shopping for brand businesses are taking losses.
And and and if it's not attractive to small businesses again.
Right okay nonetheless says as we look OK so Netflix up 60% year over year Groupon down 67%.
Your -- don't get excited by the 6% you -- today with a higher -- up 51%.
Over the past year finally this show signs of life.
Right -- that this story with Yahoo! was obviously new leadership Marisa Mayer is is.
Bringing Yahoo! and a different direction.
It's here right direction -- I believe -- the right direction I think she's the first thing which may seem like a small small issue which is telecommuting.
And being telecommuting and being fattened it and bring in filling the the innovation which is so important to Yahoo! which it -- it.
At this point I think you have a little bit more room I wouldn't buy it right now it's appreciated a lot I think.
She is she is taking the company in the new direction I'm optimistic about Yahoo! but I really wanna see some execution and see that the -- some Prague.
It's -- -- not quite sold yet on the Marisa -- story but watching it thank you thank you -- -- next time.
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