brand-new episode of "the profit," with my two panelists here today. "fast money" coming up in seconds. melissa lee, what's on tap? >> i got three words for you. kareem abdul-jabbar. >> is he on the show? >> yes. he's going to be our guest. he thinks that college athletes should be paid. he also has a new business he's starting up with amazon.com. we'll hear all of the details about it. concerns sports memorabilia that has evidence of the players actually owned it. dna evidence. >> i love it. i want his bracket picks, too, melissa. >> we'll try, kelly. >> over to you guys. "fast money" starts right now. live from the market site in new york city's times square. weaker than expected earnings report. that conference call starting right now. we'll get the details throughout the hour. but the rest of old tech breaking out. microsoft, hitting its highest level since july of 2000, on reports it will unveil microsoft

office for the ipad. cisco is higher today, in the face of a downgrade. brian kelly, as one person who bought into old tech on thursday, why do you think this is happening? >> i think what you're starting to see is the difference between the old tech that's starting to embrace new technology. you see microsoft going to apple. you see cisco trying to do a turnaround. and oracle, who hasn't necessarily embraced the new technology, they have a lot of competitors that have open-source databases. i think you're starting to see that split here. >> just to jump in on cisco. you look at products and services, the margins on their services are 50% less than on the products. so, when you're turning the ship around, if they're moving towards that level, they're going to get creamed. they're actually running towards the light in a train tunnel. >> but we're not the first to figure that out. and the stocks reflected that, certainly. and in the meantime, you get a dividend to wait for the turnaround. >> and with the microsoft/apple news, where they're getting

benefit from suddenly getting apple subscribers, the network assurance, the business software might bake a hit. we're going to talk about it. you look at broader tech, i think you get to a place where your valuations -- and i'm not talking about the twitters and the facebooks of the world. but i'm talking about the microsofts and the apples. these are places where valuations, you can get ahold of. in the last couple days, vodafone is a name i've been starting to nibble on. this is a function of the sell-off from the at&t deal not happening and the big deal with spain. cable systems, that's old tech jumping into a new play. wireless guys on the delivery side. >> is this a statement on the markets, guy? if you're uncertain of the markets, you will go to the lower valuation, relative, compared to other technology names. >> is it a stimulus in the markets? what's going to happen in the broader market? >> microsoft, hewlett-packard, cisco. >> i'm not certain. what it is a statement on, tomorrow i'm going to be

fascinated to see what happens to ibm on the back of this. oracle and ibm set up interesting in terms of old tech. are they behind the curve? oracle had a great run. wind out of its sails now. ibm, similar nice run. but i think it's been unwarranted. on the back of the strength of the broader market. and ibm faces the same obstacles that maybe oracle is doing right now. i'm looking to see how well or poorly ibm trades tomorrow. offices move to the ipad. rick joins us now on the fast line. great to have you with us. >> thank you. >> sounds really exciting. an old section in your net about incremental revenues. is it more current to use it on a mobile device? >> you have 1 billion users of office out there. if you can get 1% of the market to move this for about $100 a

year, it will be easy to get $1 billion or $2 billion incremental for this. most of us will have a license for office at work. and we have an ipad. so, if your company switches to office 365, you're basically paying $50 to $100 a year in maintenance for office anyway. the revenues to microsoft, they're about the same. but you -- then, you would get to run office on your ipad, as well. that might not be incremental revenue. but for microsoft, they'd love to get you on office 365. you're going to be stickier. and they can offer you a lot of other cloud services to go along with it. and investors will make it because they like subscription revenues. sort of cloud-like. and it reflects a change in the components of the business. and it's getting away from windows and p.c.s. it's on to nonwindows tablets. it's directionally a good move.

>> windows is a catalyst for the stock. you saw a big move today. you left your price target at $45 a share. you're not -- it doesn't sound like you believe this will actually move the stock in the long term, at least in the next 12 months. >> we knew it would be a short term benefit to sentiment. it's good to see management in place. good to see them moving in a different direction. away from p.c.s. away from windows. that's directionally positive. it's not something at this point we're inclined to change estimates on. we'll see when we get a look at it. it's quite possible it could be $1 billion or $2 billion of revenue over the next year or two. it's going to be a shift to more subscription revenues, that the street likes that enhances the multiple. not sure if it moves the earnings needle that much. >> that's my concern. to push back on the sense that people who wanted to play with windows on their ipad. at some level, you don't need to. you're not going to be doing spread sheets on your ipad. not what you do.

you have your e-mail. you can read docs. you can do everything you need to do when you want to be mobile. and i think that's really the whole call with switching to apple for people. i don't know if this is that big of a deal. >> yeah. for those who use office at work and we carry the ipad around all the time and the notebook once in a while, it may mean you can leave the notebook at home almost all the time and carry your ipad. it gives you more flexibility to use word or excel. a lot of us use word on the road. to have that compatibility instead of using ever note or e-mailing notes back to yourself, it would be nice if they're already in word format. again, this is not a -- addressing a need of your average consumer. it's meeting the need of the prosumer. someone who uses office as a productivity tool and also uses an ipad. we think that's about half of the consumer market this might resonate well for. and certainly not everyone's going to buy it. but i think it's a step in the right direction.

it's some incremental revenue. but mostly, reflecting a strategy shift on the part of the company. investors will be comforted to see that the company is moving away from p.c.s and addressing the tablet and android markets. >> let's turn the page here. oracle, you saw the report. i don't think it was disastrous. it has a big run. you have a $44 price target. does anything in this report change your view on orcl? >> they were up 8% in revenues. the street was 4.3%. to put this in perspective, this was not a miss of biblical proportions. the license revenues were up 4%. the street was thinking they'd be up 6%. but within the range of the company's guidance. the hardware business actually broke out. it was up 8%. the street was thinkingg maybe p 3%. on an organic basis, it's probably flattish, year-over-year, because there were acquisitions. that was good. i looked at this and said it's a

little light. i wouldn't change my thinking on the stock. i think because the revenues were light. eps, 68 cents. the street was looking for 70. but there was a two-cent charge in venezuela. currency adjustments. we'll see on the call if there's anything unusual there. but i didn't look and say, wow, that's really bad. but it's soft. i wouldn't think that that causes a radical change of people's views. >> rick, great to have you with us. thanks for your time. >> thanks, bye. >> rick sherlund. what microsoft is doing, sounds like a nail in the coffin, maybe the last one, for laptops. >> certainly, you don't need it anymore. and what rick was hitting on with office 365, there's a potential upgrade cycle getting out of xp, into office 365. this makes it one more thing why you would keep it. >> you trim microsoft at this point? okay. let's not talk new technology. we talked old technology. social stocks. twitter, a laggard in today's

session. not just today, guy adami. but also year-to-date. you compare to the nasdaq or to socl, which is the social etf. >> we talked about the possibility of the stock to trade up to 58 in february. it did exactly that. and to push back to a high 40 print. it's underperformed on a great take. twitter's only gone lower. it feels like it wants to retest. the 47 1/2, 48 level to me. that's where it gets interesting. good stock action. good tape. the other side of that is good tape, bad stock action, which is what we see on twitter over the last couple of weeks. for me, it wants to trade lower from here. >> and the volume in the name is half of where we were two months ago. you look at the valuation. people are looking at what facebook is doing. to me, the whole thing is about getting scale in this space. and it's a battle. and these guys aren't showing where they can get global space.

move over cats on a roomba. some people are calling this the office mate of the future. the eva 500. if. >> a duck on a robot? >> there you go. >> that's crazy. that's so mean. >> i mean, it's kind of adorable. >> i feel bad for the duck. >> why? he looks fine. >> very warm sense -- >> we have a lot coming up here, guys. we also have kareem abdul-jabb abdul-jabbar. he gives us his march madness picks. and why he is picking amazon for his latest business venture. impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average.

t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefull.

welcome back to "fast money." shares of nuskin are taking a hit in the aftermarket. they're off their session lows. this after disclosed in a regulatory filing it would be fined by chinese authorities and it could face suspension over its ability to recruit sales people and a temporary suspension of its ability to sell product in various regions. herbalife is down marginally, as well, in response. these firms are facing scrutiny,

not only from regulators, but big-name investors, as well. nu skin has taken steps to remedy the situation. in this filing, they could face some fines and suspensions over their practices. over to you. >> dom chu, thanks for that. time for today's top trades. we kick it off with game stop getting taken to the wood shed. walmart will allow customers to trade in video games for resale. guy? >> remember, the first song was "video killed the radio star." >> the bugles? the bangles? >> walmart's trying to kill gamestop. pretty uncool of them. it's not a big valuation. ten-times forward earnings. this is not rich. big short interest, this empowers the shorts. it's critical that the stock holds 35 bucks. >> this sounds like the first time. >> i think you get a shot at 35. >> you talk about that backward compatibility, where they play it -- for gamestop. the old games don't play and

blah, blah, blah. this sounds like this is the first time that i'm worried about gamestop. you're in walmart. you're in there for a bunch of other things. 99% of things, groceries. everything you want to buy at walmart. and it's so much more convenient. this is the only thing i'm worried about killing gamestop. all that other nonsense, i wasn't worried. >> he's worried. >> when we come back from commercial, i'm going to say that on air. >> this is not new news for the stock. the business model you're talking about, steve. $35 is a key level. the stock has dealt with bad news in the last three months and held this level. fossil, gaining ground on working retailers, will work with google for an android line of clothes and wearable products. beakers? >> the interesting thing is fossil ripped. and everybody started thinking about who is next? the two obvious ones are guess, which also ripped. type of jeans that timmy wears. >> acid wash. acid wash. >> extra tight.

kidding. kidding. >> that's just disturbing. >> kidding. you started it. >> i did. yeah. >> anyway. >> anyhoo, those are the two to look at. i think probably for guess, it's a -- it will move the needle more than it would were somebody like a michael kors. if i wanted to play, and would be pure speculation, i would go to guess. >> this is a big step in terms of wearables. you look at a lot of the devices. and they look like -- the watches look like casios from the '70s or '80s. they're not nice looking. you're not going to put that on, after oall things. >> i'm not a jewelry guy. you're looking at the wrong person. >> for fossil, they're giving you 17-times growth. i think it's interesting. ever need to be in two places at once? i robot's new eva is allowing face-to-face communication with you and your team from far away. we'll talk to the man behind the robot, next. ♪

♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's largest petrochemical operation. ♪ when emerson takes up the challenge, "it's never been done before" simply becomes consider it solved. emerson. ♪

emerson. life with crohn's disease ois a daily game of "what if's". what if my abdominal pain and cramps come back? what if the plane gets delayed? what if i can't hide my symptoms? what if? but what if the most important question is the one you're not asking? what if the underlying cause of your symptoms is damaging inflammation? for help getting the answers you need, talk to your doctor and visit crohnsandcolitisinfo.com to get your complimentary q&a book, with information from experts on your condition. you are gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you. it's simple. search, compare, and apply at creditcards.com. first round's on me.

search, compare, and apply anbe a name and not a number?tor scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: ranked highest in investor satisfaction with self-directed services by j.d. power and associates.

♪ let's get on earnings flash on adobe with jon fortt. jon? i think we're having some difficulty. >> he can't hear. >> it was interesting because adobe's release was before the bell. and as it turns out, internal mistake. it was a beep. >> it was a big beep. but the stock action -- you had a huge run-up to 70 bucks. and spent the lest of the day shifting lower on big volume. adobe is rich valuation-wise.

if you had an opportunity to get out of it today, not short, but get out and take profits, that was the right thing to do. >> let's go back to jon fortt. apparently we re-established our connection, jon. what were the highlights? >> we know they beat on the top and bottom. talking on the call about the strength in the creative cloud business. that's the switch to the cloud subscription model. they're now getting more revenue from cloud subscriptions than the old perpetual license model. they're about 52% on that. and the cfo just finished speaking a few minutes ago. actually, a few moments ago. he said they are not only reiterating the past targets for the year, but based on this past quarter's performance, they may exceed them. he didn't raise the targets. but some might take that as bullish xhbull ish commentary. i'm going to have it on "squawk on the street" tomorrow. and we'll ask more about the transition to the cloud.

let's turn to autos. b.k. made another move in this tesla trade. beaks, what happened here today? >> goldman had a call out this morning on tesla, talking about how they're really -- it's turning into a solar play. but there's a lot riding on this solar -- >> gigafactory. >> exactly. they were saying in a couple years, you could have people completely off the grid, thanks to -- thanks to tesla's batteries. easy for me to say. anyway, i bought one. >> bought more. >> not a whole lot. just a little bite. you know, tiny, little -- >> a nibble. >> i don't know who b.k. is anymore. >> i'm going to ask you one more time. is this a market proxy? it sounds like what you're saying is -- >> sam. >> i believe the market is going higher, i can trade twitter here. >> tesla. >> tesla, excuse me. >> he's long twitter, too. >> that's how confused i am. >> i'm just as confused. i can't even speak.

all right. on tesla and a lot of these names, what i'm looking for are specific companies that aren't necessarily going to be tied to the global economy. so, on tesla, you have $125,000 car. those people are not necessarily not going to buy a car. >> that explains your cisco purchase, too. >> right. >> not cisco, i get a nice dividend. >> you're an enigma. >> these days he is. a conundrum. >> i like that. >> grasso, you out of gm? >> no. i got into gm. gm was my final trade yesterday. >> what? >> it really started to show some support here at the 33 1/2 level. bounced from that level. i got long this morning. i want to see it hold this level, now. the new level it has to hold, go up $1. so, 34 1/2, now. it has to hold that level. >> would you have gotten into gm, as well, today, guy? >> the way it traded, the 34 level, was the previous low, september, october. you trade it against that. the fact it bounced yesterday as

well as it did, we talked about it on the show. >> we did. >> was a signal to get long on the stock. still ahead, kareem abdul-jabbar is revising his role on "airplane," in the state of wisconsin. surely, yes, we are serious. >> my name is kareem. >> surely, you can't be serious. >> i am serious. and don't call me shirley. >> looks like i picked the wrong week to quit flying. >> i can't believe i ever left this place. >> well, welcome home. >> that's great. we'll talk "airplane," march madness and his partnership with amazon when the one and only kareem abdul-jabbar joins us kareem abdul-jabbar joins us live, a little later on. no two people have the same financial goals. pnc investments works with you to understand yours

and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ i just ah woke up today and i said i need something sportier. annnd done. ok maxwell, just need to ah contact your insurance company with the vin number. oh, i just did it. with my geico app. vin # is up to the loaded. ok well then jerry here will take you through all of the features then. why don't weeeeeeeeeeee go out to the car. ok, i'll just be outside... ok, yeah. his dad is my boss. yeah. vin scanning to add a car. just a tap away on the geico app. in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason

serious investors are choosing fidelity. call or click to open your fidelity account today.

got some breaking news on ali baba. let's go to kayla in headquarters. >> i want to bring you the latest of what we know. five banks have been tapped to be the joint global coordinators for this ipo. it's expected that potentially at some point, citigroup could play a more junior role. as of right now, those five banks will be the joint leads on

this megadeal, whenever it happens. as we see through the deals, more banks get added down the road. but the major economics are in it for the five banks. i'm told that the bankers and the lawyers will be meeting with the company in hong kong next tuesday, march 25th. to do what one source described as the rules of engagement. they'll be building the ipo deck. the slides for the road show. they'll be dividing up the s-1 and figure out who will do what in terms of putting together that massive document. i'm told to expect ali baba in april. to look for aipo in q-3. and the company hasn't decided what valuation it wants to go to. as far as the proceeds for this deal, they will be north of $15 billion. the company's valuation will be north of $100 billion. the question at this point, how much higher than $100 billion? the company will be willing to value itself given how favorable the ipo market has been to these companies. but as of right now, we know five banks, a meeting next

tuesday, and look for an ipo in the third quarter. back to you. >> thanks for that. the call yesterday was from kantor on yahoo! that was unless yahoo! fixes its core business, the day of the ipo will be yahoo!'s peak. >> she said they're trying to keep the price down. that's going to be a disaster for yahoo! people are reputing around 140 billion, 150 billion to get you to the sum of the parts around 41, 40. i think it's coming higher. but if i'm playing this space, i'm probably playing it in 10 cent. i'm playing in baidu. this is where the opportunity and the growth is. these guys haven't traded the way the other stocks have. >> would you sell yahoo! ahead of the ipo? >> i probably would. i absolutely would. i don't think you can wait until after the ipo. you have to sell your pumpkin futures before halloween. big movers of the day. a pop for caesar's. >> it feels like it wants to

take out the 27 level. i think it can stay long the stock. buy it here. and you buy it again on a close above 27. the chart looks good right now. >> big pop for yandek. this is getting the russia pop. it's good for their roaming business. watch this stock. it's going higher. i'll getting out of some. >> drop for dsw. >> it has to hold that 38 level for three days. i wouldn't be a buyer yet. >> a pop for toll brothers, up 1%. >> not that exciting here, actually. we had the numbers which helped the stock out. but it's kind of just a real choppy type of name here. i don't like it at all. >> all right. we want to get a quick earnings alert. check in with dom chu, watching solar city. >> shares of solar city all over the board in the after-hours. the company modestly in the red.

they delayed the release of its financial report twice over the last month. coming out with a narrower-than-expected loss than wall street was looking for. the company is benefiting from demand for rooftop solar systems. they're up 35% just in 2014. up a whopping 355% over the course of the last year. melissa, back to you. >> thanks, dom. for more on solar city, let's bring in ben kallo. great to have you with us. in terms of solar city, what did you make of the guidance? >> we've had this as the third conference call we've had on the subject because they had delayed financials. it was a nonevent to me. it's good they reiterated their guidance for the year. it's back-end loaded. i think the stock is fairly valued here. i would prefer to gain exposure to north america solar, rooftop solar to own sun power at this point. they have technology. i like the management team at sun power. solarcity has had a big run. big valuation there.

and i think there are risks when they continue to scale up. >> and you say that you believe, at least, that basically, all the good that's expected from investors, is priced into the stock, through 2017. why that date? >> well, that's a date that we get the investment tax credit, subsidy that's really propelling this market. it steps down and expires in 2017. the market will be there and demand will be there in the future for solarcity. but we could see a contraction. as they scale up, they could have to scale down after the tax credit expires. >> ben, it's tim. agree relief on today's number. agree the valuation is rich. but people see this as the only retail play out there. help us play relative value. they're not. what people don't understand the difference between the industrial world and even the production side of solar, versus guys delivering to the retail customer. where else can we go? >> you're right there. this is the only customer-facing brand-name solar company out there. that's one of the reasons and because it's so leveraged to the

u.s., that people want to look through the risks and scale up in the different tax credits and just want to own it. over the next couple years, we're going to see a boom. and you have the elon musk factor in the background, too. this is different than tesla. this doesn't have as much of a mote around it. it's an operational game with a lot of scale to meet the 1 million rooftop target by 2018. that's a big feat. >> this is b.k. you brought up tesla. i'm curious. goldman sachs talked about tesla as a solar play. do you see that, as well? >> we see it as an energy storage play. we raised our price yesterday morning. it has room to go. we have a blue sky out there for 340. i would rather own that for the elon musk factor, if you want to own that than solarcity. that has the technology differentiation, than any other company out there. solarcity has a lot of

competition out there. getting more competitive, i think. >> ben, we're going to leave it there. thanks for being with us. >> thanks for having me. coming up next, the one emerging market that's signaling there may be more danger ahead. more "fast" straight ahead. plus, we talk to the company behind the new ava 500, which could revolutionize business meetings.

markets around the world were higher as tensions ease in ukraine. but traders not getting too comfortable here. mike khouw is in florida with the options action for today. hi, mike. >> hi. we saw a couple different etps. exchange trader products. the one i was looking at today was ewz, which is the brazilian etf. and the activity we saw there, traded about 2.5-times its daily volume. and most of that was on the puts. and the most active of the puts was the april 39 puts. and 50,000 of those traded as a block. looked like an opening buyer trading about 90 cents.

what that is not necessarily a bet that it's going down. but a cautionary bet that we might see an increase in volatility in there. if this is basically a hedging activity from obviously a fairly big institutional player. that's $4.5 million worth of premium. $4.5 million worth of insurance that's going to expire the third friday of april. one thing, though, we have been seeing over several days unusual call buying in tlt, which is the 20-year treasury etf. that also would be a cautionary bet, i think. two, different places, unusual activity in the options market. and both are uses the uptick in the market and the decrease in implied volatility to put their hedges in now. >> why is the tlt up on a day like today? why is it still trading 108? we've talked about this. if you had said, guy, the s&p will be within a whisper of all-time high, where will the tlt be? i would say the 90 handle. it would be north of 3%. here we are, 108 handle.

it feels like it wants to break out. the yields are 270 or so? i feel like they want to go down. something doesn't make sense. or dennis said both could go up. >> mike, thanks for that. catch for "options action" friday at 5:30. speaking of emerging markets, two of our traders make two big moves in the space today. tim, what was it? >> i sold some yandex. it's been a trade. rsx is the etf. i was a buyer of calls last thursday. going into the weekend was so low. we knew what the outcome was going to be. the crimeans were going to vote on the referendum to secede. putin said they will annex crimea. i think you are trading russia right now. not investing with two hands. sold half the calls today. these are the march 23rd. they don't have a lot of time left on them. it was a short-term play. i'll sell the rest tomorrow.

>> i went to greece. that's an emerging market, right? all of the greek banks need to raise capital. and pares bank came out and did a bond deal over subscribed. i went to nbg, the national bank of greece. they, too, have to raise capital. they're not going to do wittite with stocks. ngb is a way to play the rebound in the greek market. can't get too much worse, can it? >> i guess not. let's check on oracle once again. it is trading lower on its earnings relief. josh is monitoring that earnings call. josh? >> melissa, on that call, we'll start with the guy here from softer cash. looking for total revenue growth of 3% to 7%. that implies 11.3 to 11.7 billion. eps of 92 to 99 cents. >> a lot of talk about the

cloud. oracle facing competition from sales worse, from attacking from the cloud. this was the best quarter ever in the cloud business. you talk about hook bookings growth. winning across all portfolios. he tracked that to a bigger sales force. hurd said we are better about every part of this. ellison was asked about the new database design for the cloud. ellison asked what kind of adoption rates are you seeing? he expects all of the customers to move to the 12-c. a lot of confidence there, melissa. back to you. >> thanks, josh lipton. this is an underperformer. its dividend yield is virtually nothing. >> which one? >> oracle. >> you look at oracle, it had a stealth little move to the upside. right. it's been over the -- but quietly, the stock has done really well. you heard rick sherlund talk about it before. it wasn't a terrible quarter. i think it's time for the stock to get back in fill. i think you can trade 36 1/2.

and you buy it again. valuation makes sense. >> three quarters ago, two big down moves. the stocks had a big run. buy this weakness. imagine talking into a meeting. and instead of being surrounded by co-workers, you're joined by a team of robots. may sound like science fiction. but the people at irobot and cisco, made telepresence a reality. joining us to explain is irobot's chief technology officer. and ava, irobot, joining us, as well. these robots are not cheap. they're, what? $70,000? you can get a lease agreement to lease them over time. who is the market for this? who is going to lease this or buy this? >> our target market is the fortune 2000 companies that have options spread across the nation or internationally. so, if you want to collaborate, rather than having to jump on a plane every time you have to visit someone or have a meeting,

you can actually just teleport using ava. >> and why is there an advantage? why do we need a robot to move around and interact, as opposed to just being on an ipad or screen? >> well, executives, today, are busy. especially on international companies. and having them to spend most of their time on flying between different hubs is taxing. having the ability to remotely collaborate allows for tighter collaboration between the sites. >> walk us through this actually works. let's say. i want to be around the office and interact with the robot? >> i use it all the time. my office is here in pasadena. near los angeles. and our headquarters is in bedford, massachusetts. i attend meetings several times a day, when i schedule the robot to be at a meeting at any time.

the robot drives on its own. i don't have to drive it on my own. when the robot gets to the meeting, at the place and time i want, it will call me and start a session. and it gives me complete freedom to move around. even in the meeting, i've given presentations that lasted more than an hour remotely. i can move around. i can participate in breakout sessions. i can shift my direction to look at different people or move my vantage point to look at the screen with a presentation going on. >> what are some of the other applicati applications. i understand that irobot has a version to use for medical telepresence. and that has been fda-approved. >> correct, melissa. we've had the base platform that powers ava, in collaboration with a company called in-touch health. we have launched last year this product called rbp, which is used for telemedicine, allowing

professional medical professionals and care givers to remotely consult with patients. particularly, for urgent mat everies. let's say stroke patients that come to an emergency room. you want to have access to the expertise immediately because every minute counts. and so, the doctors can remotely logon, using an ipad to the robot, consult with a patient and help them immediately to save lives. >> have you sold any of the ava 500s so far? >> we have a few orders. we just announced its availability yesterday. and we already have a few orders on the books. >> we're going to leave it there. fascinating stuff. with the ava 500, sitting right next to him. it's -- interesting. >> i think it would be awesome if that could drive the google car. you wouldn't have to go anywhere. you wouldn't have to go out for milk. you could send it. >> your original question. how much do you need that type of technology?

>> let's say you're a ceo, i can see how instead of spending half a year on the road, maybe you can reduce that but still interact with people. >> why can't we do it on the ipad? >> you can. but if i'm ava, i can talk to you. and when i get bored of you, which will be very fast, i can turn to b.k. and talk to b.k. >> i'm sorry. >> that's a sentiment. >> the stock is insane. but i think you have to play it, understanding there's going to be peaks and troughs. i think the way we've been playing this all along. we've had the company on before. to play it from the long side. if you can stomach the volatility, i think it goes higher from here. 43 1/2. the valuation is a little stretched. not crazy given some of the growth metrics. but 20% short interest. so, i think this is a stock, if you can stomach it, you play from the long side. >> i think instead of picking the winner, pick the chips. pick the things that are inside these robots. intel, qualcomm.

>> and cisco. >> cisco's inside of it. >> and it has a dividend. >> exactly. today marks the official start of march madness. 64 college teams gear up to go head-to-head. nba legend kareem abdul-jabbar is teaming up with amazon to cash in on a new business. plus, could he be headed back to the nba? he'll answer those questions next. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade.

we still run into problems. that's why liberty mutual insurance offers accident forgiveness if you qualify, and new car replacement, standard with our auto policies. so call liberty mutual at... today. and if you switch, you could save up to $423. liberty mutual insurance. responsibility. what's your policy?

♪ who better to kick off march madness than one of the greatest basketball players of all-time. kareem abdul-jabbar is the nba's all-time leading scorer. and before that, he led the ucla bruins to three-consecutive ncaa championships. but if you don't recall kareem -- i don't know if you wouldn't -- you might know him from this. >> listen to me. i've been hearing that crap ever since i was at ucla. i'm out there busting my buns every night. tell your old man to drag walton up and down the court for 48 minutes.

>> i love that movie. kareem's newest venture is star guard collectibles. bringing memorabilia directly to the fan. let's bring in kareem abdul-jabb abdul-jabbar. nice to have you on the show. >> nice to be here. >> let's talk about your new business. why did you pick amazon over other sites like ebay? >> i got started because doing a lot of the shows i always saw instances where there were a lot of counterfeit things being sold. i mean, if michael jordan had signed as many signatures as i've seen, he had to be about 30 or 40 of him to sign that many signatures. just so many counterfeit things out there. and there was a niche there that i saw for authentic items that fans that want to buy really good and interesting memorabilia, they want to sink their teeth into it. that's why we started starguard. it's starguardcollectibles.com. you can go there and find all

kinds of things from every sport imaginable that would pique your interest and are worthy of being collected. >> how do you guarantee these are actual collectibles from those players and not authenticated? i'm sure other memorabilia sites and stores say they're authentic? >> we film everybody. so, we film people signing the items. the items are limited. they are one of a kind. let's say six and eight of a kind, that type of thing. and they're totally -- you can totally check them out and verify everything about them. and that's the most important thing, i think. you know, so that people don't get ripped off. people ask me to sign jerseys that are counterfeit. i don't want to do that. that's stealing from the nba, stealing from myself, basically. it's really -- it's a real problem. so, by starting this up with amazon, we feel we'll be able to fill a niche and really bring

something exciting and interesting to the people who like to collect memorabilia. >> before we move on to the business of basketball, kareem, i have to push you on this. why did you choose amazon and not an ebay, let's say? or any other company out there, for that matter? >> amazon was trying to expand the types of things that they do. and it was a great opportunity for myself and my business partners that we could work with a company with that type of reputation and impact in the market. >> kareem, it's tim. thank you for coming on our show. it's an incredible honor. the stuff you've done off the court is impressive. let's talk college athletics. i think people want to hear you weigh in on whether you think they should be professional? and do you think that the college basketball game is hurt because a lot of guys are there for a year and then, they're gone. there's zero continuity to get to know the team. >> it's really unfortunate. there's no continuity. and all of the money in the pro game has sucked all of the

talent out of the college game. so, it's rare that you have seniors coming in to the nba now. everybody else, as soon as they manifest the type of talent that the nba wants, they make the jump. and it's really hurt the college game. but that's the way it goes. i think something that could stop that would be to give the college players a stipen of some type. you don't have to pay them huge amounts of money. but you know, the ncaa last year collected about $6 billion. the president of the ncaa makes like $1.7 million a year. they make a lot of money. people's idea about college sports are really rooted back in the 1920s and '30s, when it was a high school rivalry. and the quarterback, and one of the cheerleaders had a romance. and they celebrated their victories at the malt shop. that's dead. this is a business. >> kareem, let's talk about the tournament and your alma mater.

ucla coming off a nice win against arizona. i think steve alford is bringing some of the buzz there. can ucla make a run? probably has to face florida at some point in the tournament. who is your final four? >> i don't have a final four. and wichita state deserves their number one ranking. they've been consistent all year long. but i'm happy the bruins have managed to take a step forward. they're in a tough seeding there. they have to make it out of the south. who knows what will happen? it's good to see them doing better. >> you don't have a final four? somehow i don't believe that, kareem. >> i can't follow all the teams that don't play here in southern california. so, you know, i'm kind of up to date on the pac-12. but all the other conferences, i don't see them play that much because i'm working and doing other things. >> speaking about doing other things, kareem, you expressed interest in buying an nba team or being on the ownership side of it. are there teams you're looking at? specifically, let's just say,

you know, milwaukee. it's got the lowest value in the league, according to forbes. is that something that would interest you? >> i was just in wisconsin. had a wonderful time up there doing some promotions for the wisconsin tourism board. we're spoofing the movie "airplane," which you just saw. and it's a lot of fun. and, yes, the team is probably going to change hands soon. don't know what's going to happen specifically. but i'm keeping an eye on it. i might possibly try to be involved. it would be great to be able to help a franchise that i worked for get back to the top. they deserve it. the wisconsin sports fans are incredible. and they deserve a first-rate team. you see how they support the packers. >> yep. >> that's for real. you know, it's a great place to play. >> all right. we'll be watching, kareem. thanks for your time. appreciate it. >> my pleasure. >> basketball legend, kareem abdul-jabb abdul-jabbar.

. a 401(k) is the most sound way to go. let's talk asset allocation. sure. you seem knowledgeable, professional. would you trust me as your financial advisor? i would. i would indeed. well, let's be clear here. i'm actually a dj. [ dance music plays ] [laughs] no way! i have no financial experience at all. that really is you?

if they're not a cfp pro, you just don't know. find a certified financial planner professional who's thoroughly vetted at letsmakeaplan.org. cfp -- work with the highest standard. easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. my uncle wanted to say thanks for idea hub. he loves how he can click on it and get specific actionable trade ideas with their probabilities throughout the day. [ male announcer ] open an account and get a $150 amazon.com gift card. call 1-888-330-3136 now. optionsxpress by charles schwab. call 1-888-330-3136 now. so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close!

new at&t mobile share value plans our best value plans ever for business. no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ final trade time. tim? >> getting out of russia. selling the rest of the rsx. >> brian? >> buy yourself some emulex. emx. >> hulett paewlett-packardhewle.

>> neighbors. nbr. like that? >> i'm melissa lee. thank you so much for watching. we'll see you back tomorrow at 5:00 for more "fast money." "mad money" with jim cramer, starts right now. my mission is simple -- to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now! hey, i'm cramer. welcome to "mad money." welcome to. cramerica. other people want to make friends, i'm just trying to make you a little money. my job is not just to entertain you but to educate you. so call me at 1-800-743-cnbc. they're calling this the putin rally. th