cheryl: all the roofs with snow have to be fixed. good point. thank you, sandra. melissa francis is here to take us through the next hour of "money." melissa: that's right, we have such a jam-packed show today. in addition to the wall street throwdown which we love. we have the legend behind the are up bell in the jungle. don king is here. anyone not following what is going going on with gm. it is time to tune in because this situation is blowing up. we'll tell you how hard it can hit the auto industry. we're going live to a gm auto dealership because even when they say it's not it is always about money. jenna: we have two hours left in trading for the whole entire month. we're looking at the dow right now up 104 points. it is losing a little bit of steam. alan knuckman of trading advantage is on the floor of the cme, joining us right now.

volume is a little bit light down there. you think people are sitting on their hands waiting for next week's jobs number or what is going on? >> there is excuse to wait. trend is very much intact. my focus is going on how the trend extending itself and indicators to gauge it. i'm looking at vix. i don't trade based on what the vix does but i was concerned with the fact that the vix is holding stubbornly high, not correcting it all even with the stock making new all-time highs. we have the vix explosion in january. we're coming down. today we're down below 14. i look at a positive side. there is downside in the vix, left, meaning more upside in the stock market because we're not very complacent yet. jenna: we're losing more steam. do you think acceleration continues and we give away gains? we were up 120, 130 points. we're dipping down. what do you think? >> i'm still very, very positive. you have to understand we made

new all-time highs. we continue to make new all-time highs. there might be profit-taking melissa: we'll come back a little bit after the next story. federal safety regulators are beginning regulation whether or not the automaker reacted fast enough to its recall of nearly 1.4 million vehicles. how is this going to impact car dealers? joining me from his dealership, eagle auto mall. mark, we talk about all this impacts, 1.4 million vehicles. how many for you? how many do you think you've sold? >> i think impact to the dealership, eagle auto mall, my

dealership will roughly be about 1,000 cars. melissa: wow. what does that mean to you? >> well, it is, first priority is customer service. getting the customers educated what they have to do in bringing their car in and getting the fix taken care of. we should have the parts on the shelf within four to six weeks of the announced recall. melissa: have you heard from anyone yet? >> yes. i've heard from general motors via phone and also in a bulletin and their first priority and their concern are the customers. so they want to get out information to their customers through the dealer base that they may bring their car in once we have the part. they will be notified. melissa: as people start to hear about this and read about what cars are impacted, chevy cobalt, pontiac g5, solstice, sat urn ion and have you heard from customers saying hey, we bought one of those cars from you? >> yes they have.

they have been understanding waiting for parts to come in. remember it only affects those vehicles you mmntioned from 2003 and 2007. melissa: they have been understanding but when you read the warning they say it has to do with the key ring. they want you to use the key without anything hanging on it, any weight to the ignition could cause jarring in event the ignition switch moves out of the run position while you're driving. there have been 13 deaths linked to this. it is pretty serious. i'm surprised customers are not more concerned when you talk to them. how are you concerned about the cost to you and how will it impact your dealership? >> you're right, it is a very large concern and customers come first as far as the recall. as far as the key you mentioned it is important that i tell you again and customers who are listening that are asking all the gm vehicle that is are affected by this to just use the ignition kky and take all of the keys off their ring. unfortunately the weight of the, the weight of the key ring is

making the ignition turn off. melissa: so what do you think is ultimate cost to you? have they told you who pays for all these changes? there are questions of having a loaner vehicle in the meantime? and are there further damages to you. do you own a -- you own a gm dealership and do you think the brand is damaged and who do you go after? >> to be quite honest as far as damages and things like i haven't even considered that. the only thing we're focused on customer satisfaction and getting people and satisfying the customer. as far as the fix, like i said, the fix will be within four to six weeks and customers have been very, very understanding. it is a very serious problem but general motors has taken a very serious step to making sure one, the customers are taken care of. two he have this loaner cars when they come into the dealership and zero cost. no cost at all to the customer. melissa: you sell, kia, mazda and volvo alongside gm. have you seen more of a focus on other brand and people heard about it and shying away from gm

in your experience so far? >> i was looking for that but no i have not. the gm customer has been very understanding of the problem and i have not seen anyone gravitate from one product to another at this point. great question though. melissa: that is you are is pricing. mark, good luck to you. keep us posted. >> thank you so much, melissa. melissa: let's bring in alan knuckman from the cme. you were listening to the interview. how does that make you want to trade gm? this could be the biggest recall of all time and make toyota look small. >> obviously this is unfortunate from risk/reward standpoint you want to use opportunities to buy into uptrending stock on pull back. gm had a pullback even before this. after this record run it backed off. you're looking at this auto company with discount. the fundamentals are very solid. they have obviously ttrned the corner. this is situation you could take advantage of to get long for the long term. i trade long term options use them as stock sub station

strategy. instead of shares by in the money calls that behave like the stock and buy and hold strategy to be there when this recovers. there is more upside potential than downside with continued events pushed the stock price down, with support to lean on. melissa: i don't know, you're brave. alan, thank you so much. >> limited risk with options. melissa: that's a good point. up next, fighting google glass. an illinois lawmaker pushing to band it behind the wheel. he claims the tech giant has hired big-time lobbyists just to kill his bill. google is after him. wait until you hear who they have got on board. we're talking about big money. it's a fascinating story. their long reach. the man, the myth, one and only don king. he is on a mission to bring the heavyweight title back home but you will hear his views on something that everyone is talking about right now, income inequality. got to sit back and listen. more "money" coming up. ♪ i ys say be thman with the plan

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melissa: this year marks the 40th anniversary of the fame must rumble in the jungle fight between muhammad ali and george foreman, the career launched career of now legendary boxing promoter, don king. he is the here the man himself, don king. >> i'm delighted to be here. only in america. this is zaire. 40th anniversary of this year. i got a message from muhammad. bring the heavyweight championship back to america. i'm calling on great jim dolan, charles dolan a true american family, help me bring to fight back to matson square garden. melissa: why? >> because we need to have that as sports entity. heavyweight championship, so it goes, so does boxing. they took it to europe and never would come here. a fighter fights everywhere in the world, when you say heavyweight championship just as muhammad ali did in sigh year. you know what i mean we need jim

dolan and charles to lend a happened. melissa: i like it. i like it. i will be there right up front. >> right on, melissa. that makes it. jim did you hear that? did you hear that, baby, jim dolan. melissa: let me ask you. you're someone, you made so much your life. i read you're worth $150 million. >> you don't know anything -- if you couch it in money you ain't got none. if you can count it you ain't got felon. my money is accountable. melissa: i don't believe you. you are give back. every year you go to south florida and give away turkeys at thanksgiving time. what do you think the about he do it going on in income inequality in this country. >> trying to change, fighting for women's rights and people of color's rights. this is put into your country for the last three or four centuries. this is the one thing that the white woman and slaves had in common, they were both considered property and so being

property was superiority and inferior. melissa: i'm not anyone's property anymore though. i'm out here earning my way. making my wage. i'm somebody's property? whose property am i? >> you are one of the few that is so beautiful and outstanding but you don't get paid what you should get paid equal wages. they're still debating it? melissa: really you? want to talk toeragger ails for me? >> roger ailes is my friend. he is a genius. outdone cnn for couple months. melissa: at least. >> roger is my friend. the idea there is double-standard and double-standard is manipulated from a way of life that establishes right as wrong and wrong as right. they always find they tell the woman she can't do this and make decisions about herself. melissa: i don't hear anyone telling me that. i feel very empowered. i feel like i'm earning a great living. i have a great job. you like like someone who made your way in world. you got more money than you can count. what is going on wrong in this world when we're doing so well. >> downtrodden. melissa: how do we fix that?

>> change the system to, recognize these things like the black code laws and women's laws, elizabeth katy stanton. melissa: what is law that needs to be changed? >> you know the system. because what they do, they get, you know, we send politicians to washington to change things for you. when they get to washington they become a part of the problem when you send them down to solve. melissa: they are a part of the problem, without question. >> you have to be straight. tenacity, perseverance, faith in god especially. melissa: right. >> we'll bring this heavyweight championship here, so that resurrects all the sports. @hat i did in 1974, we broke the barrier of being able to have a man of color do it but you got everybody got paid. melissa: you're still talking about yourself being empowered to do these things which you. i myself feel the same way. i don't see a system holding you down. you done what you said. you come out here to bring the heavyweight championship. >> i can't agree with that because you got to understand the system works. you could have faith and work harder than anyone and with the

breaks and circumstances with others. you can't do it. on i, i, and me and have to do it on we and us. melissa: right. >> there is no "i" in team. it is t, e, a, m. people are my most important assets. imagination are better for america is my goal. let's make it happen, you know what i mean? you fight like that, you init to win it. you can't give in, give up or can't quit. abiding faith and victory is yours. melissa: i heard a lot of t-shirts in there. >> it is wonderful. you know what i mean? you have to be economic to make things happen. we have to be able to deal what is real for those who have the least of them. you know what i mean? let us go back and respond to them and don't forget our military. our military, the greatest van barred in the world, yet we -- >> i agree with you. we should end it there. that is strong note. >> look out for them. we'll invite them to the garden if jim dolan -- >> i want to be there as well.

don't leave me behind. >> you're a superstar. you're a superstar. don't forget it. bring the heavyweight championship back to america. melissa: you sold me. >> god willing, jim dolan? come on. all white people, melissa francis. what a wonderful, wonderful treat this is. melissa: all right. from the u.s., every corner of the globe money is flying around the world. >> victory, victory. hear my cry. melissa: after just, three years of launching a service there and selling it to local business, television, who can put more resources in the u.s. operation. can you hear me over here? he is not stopping. hulu japan is the first foray into international markets. over to rome? want to join me in i'm rome? we're on verge of a great style bankruptcy. historic city, hang on one second. don, let's hear about rome. historic city says it is day away from going completely broke. something that hasn't happened

since the days of roman empire. its budget deficit is more than a billion dollars. that is the problem. local officials are pleading for a bailout. the country has other problems. the unemployment rate is highest ever, 13%. landing in south korea where the pastor of the world's largest church has been convicted embezzling $12 million. come on. his megachurch congregation top as million worshipers. each church has rows of atm machines in the hallway. that was dead give away something afoot. he has been given a three-year suspended prison sentence and will mead to pay $5 million in fines. do you ever have too much money? i don't think so. don king doesn't. we'll ask him during the break. we'll be right back. in the new new york, we don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas,

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melissa: okay. so it is last trading day of the month. i want to show you the stock that moved most this month. it is up 50% in the month of february. this is for evident labs. this is on the back of that $25 billion deal with actavis. forrest labs giving a little back but biggest mover for the month. to illinois where one state law maker is taking on google finding himself in david versus goliath battle. of course it involves big bucks. he wants to ban google glass behind the wheel. google isn't happy about it. thanks so much for joining us. >> thanks for having me. >> i understand they hired john vica, rahm emanuel's former political director was ordered to lobby on behalf of google. what have they said to you? >> well i think this is one of the bills that very been introduced so far and i think they were caught surprise.

hiring a lobbiest is nothing new. they happen through every statehouse in the union and in congress. part of the business. matter where the bill will go and how active they're going to be and how strong they will be. we're in early ages. >> they have the 8th largest lobbying union in the u.s. they spent $15 million last year and 11 million the year before. i understand they have been aggressive with you. what have they said to you? >> i said they were taken by the time the bill was introduced. the first meeting was very cordial. they want to dep straight google glass to google members and committee on transportation this is good idea. i look at this public safety versus profit. i see these glasses as detriment. we have driving, can't drive with a cell phone or can't drive while texting. the glass goes to the operation of a automobile. affects your vision. i think it is very dangerous and we have to outlaw these. there is profit margin they want to deal with.

these grasses are extremely dangerous and should be outlawed. melissa: we reached out to google for their side of the story. we haven't heard of them. they think it is important that is part of the process. you have the horse in front of the cart. that google glass is not available to the general public and you're over reacting putting out a bill right now. >> i believe you can purchase these things on the internet. there was incident in california where a young lady was pulled over wearing google glass because they could not rosecute her because statute is not exact what google glass does. this is serious product they're putting out. i can't believe actually producing this product they didn't think about the danger. driving car when i was young man, starting to drive, my late father, told me, driving a car is like a gun. god forbid you could kill somebody. take your eyes off the road for a second is extremely dangerous, especially looking at emails, affecting your vision. i think it is extremely dangerous. melissa: you know, i mean they obviously have a lot to lose

here. think they're a little bit frustrated by what you're doing. i can't believe they have a gmail account. i'm looking at gmail. have you thought about switching over to yahoo! or something. >> i told that to my wife last night. maybe i should switch accounts. melissa: i think you should. >> i hope not. but, you know, i respect what they want to do, and part of the process legislators deal with. people hire lobbying firms to promote a cause or unfortunately to defeat a cause. i think this bill should have clear hearing in the illinois senate and gets out of the senate to the house. i think this product needs to be looked at very carefully. melissa: they are a powerful force. it will be interesting. keep us post the. thanks for coming on. >> thanks for having me. stay warm out there. melissa: i'm trying. we saw this and thought it was so cool we had to share it with you. look this ad on swedish subway platform. isn't that ool? the company creating the ad to create ultrason i can sense source to timing of incoming

trains, when the train comes up to the platform the model's hair blows in her face. it is so real. that is one way to stand out among millions of ads. look at he child fascinated by this. so cool. watch this. that is very cool. we had to show it to you. we coin help it. wall street nightmare, economist harry dent thinks the dow is head for, wait for it, 5500. he has got his reasons but jonas max farris is having none of it. you don't want to miss this throwdown. "piles of money" coming right up.

a, and routine standing by at the cme.

i want to shhw you this nasdaq start on the screen. what is going on? >> nasdaq is turnover. apple makes so much? we are underperformed the stock market? apple getting in the right direction, a lot of their products are faster, quicker, they need some innovation google is attending to them. it will reverse the dollar and s&p 500, technically the nasdaq looks like a 5 set up. cheryl: the dow is slipping a little as well. the middle of this battle with the guy that vanity fair called the biggest bully on wall street. what is your take on that? >> it is important as a pink diamond they got stuck buying.

they sold this at $87 million, the buyer defaulted on paying for that, sotheby's is on the hook for $60 million for this pink diamond. might be worth $75 million but this looks really bad getting hit on this news. this is half of their net income from last year, one pink diamond, 59 carrots, it can pop back, it was tapped at 44.5, i think this is an opportunity here. jan loeb, doing well. the stock market doing well. you should see an increase in fine art and action items. you are not seeing sotheby's held. liz: i was staring at it and everything else was a blur. our current bull market is 5 years old on march 9th. doesn't feel like it. wall street is saving the day because the landmark birthday

has been raising the possibility of a major crash for some. will it be this year? we are tackling the question in today's wall street throw down. in the bear corner and predicting a crash in the next two years. we have the founder of maxfund.com. he is a fox news contributor. make your grim case. >> i have four major cycles i developed over 30 years, all pointing down at the same time from 2014-2019. the only time that happened was 1930-34. i have been looking for a peak in this bubble for years and i see a convergence of stock patterns are rising bearish wedge in the s&p 500, rising channel in the dow and the huge megaphone pattern with higher highs and lower lows and this suggests in the next couple months stocks are going to go a little higher, peak around

17,000 and fall somewhere 6,000 durrell2016. liz: is he crazy? >> 17,000? what ever happened to the 40,000 we used to know and love? that was six years ago and the book before that. >> i explained that. i explained that. we give a buy signal, october of 2002, had people fully innested for that run. we expected a bigger bubble that went to emerging markets in real-estate but we were right about there being a bull market and the only one that caused the fall of japan in 2009 and the boom market in 1990 so i have a good track record. >> the book titles speak very inversely correctly to the doubt, from the great boom ahead through the 2,000s, it was a terrible decade for stocks. >> that was 1992. look at your fax. that is when your book came out.

liz: what do you think? what do you think of this? >> we see cycles and stuff. doesn't matter what happened in 1930 because the economy is different. we have social network, the internets, people get medicare, medicaid, they won't be impoverished. there is wealth that will keep the economy from falling into a deep depressions. that demographic trends, older and pull money out of the market, those old people have a lot of wealth today and will keep spending and don't need jobs in their 60s and 70s, that will prevent a 20% or 30% correction. >> we are not saying people could pull money out of the market but stop spending when their kids leave the nest. you don't understand the demographic argument. >> the story people have been saying that all these developed

economies will come crashing down when all the aging people is going to bring them down because none of the people are working is nonsense. cheryl: is that why you are predicting saying that we will see this move to 5500? or because of something else? >> demographics get worse. we predicted this 20 years ago, japan went off the same demographic cliff. nobody saw it going. demographic trends are going to get worse that stocks are overvalued. liz: we have to do this another time. you are not done. i appreciate that there is nothing i can do. not like diane in charge. think anyone cares you went to college anymore? new gallup poll says 80% of employers don't. why does everyone rack up all the student debt? listen to what our money talkers have to say? at an end of the date is when

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maker of metal block for $461 million with the deal world's largest phone maker will extend iis voting bloc to better compete with lego, number 2 it toymaker and local sales. the online food service delivery service announcing an ipo valued at $100 million. and partners with 61% across 600 u.s. cities. that is the latest from the fox business network giving you the power to prosper.

liz: anyone who owns ebay, after the founder and chairman rejected carl icahn's call to separate its paypal unit, he insists businesses are better off together, taxing the integrity of board members. and hitting new highs, it is now up around 1-1/4%. the largest individual shareholder with more than one hundred 8 million shares so he made $86 million today. he can afford a haircut. still making a lot of money, michael jordan, the basketball

legend made an astounding $90 million last year of all things to his ongoing partnership with nike. retail sales just keep growing up double-digit some. to nearly $3 billion. then you have to factor in sales of his apparel as well. the man himself gets a cut of every single item sold. very nice. about to lose money on the big treasure trove they found. and gold coins in the backyard, remember that story, turned out the tax man is asking for half of the hall. can you believe it? even if they don't sell any of the bears a tax rule that treasure found on your property is taxedable at fair market value within the first year of its discovery. and assam got his hand out, big shocker. listen to this before sending a fortune, a new gallup poll says 9% of business leaders care about where a job candidate went to college, 9%. the wall street journal's

veronica dagger is here with chester olsen and can financial's mask mccall. can you believe this? 9% care where you went, doesn't matter where you went to school. >> i am refreshed by that. so many -- melissa: not going to go to college? >> don't go to harvard like some people. that will count against you, not going to harvard or yale. thanks to the executives. >> talent wins out. it is can you do the job? i could care less if you went to cuny or princeton can you do the job? >> i went to six colleges. tried them all. i applied ten months and didn't finish. you probably never heard of the university of colorado.

melissa: people pick this up and run with it. we were having this discussion college doesn't matter. doesn't matter. only determine who i married, to my kids are, where i live my life, most of our current friends, where my kids would like to go to school basically changed the course of my entire life. a huge impact on me getting the job. convince the first guy to give me my first job, how i got on the air in the first place, you don't have experience but maybe give you a shot. >> got to have the talent to do it. melissa: that is how i got a break. i didn't have anything. i was sitting there saying help me out, give me a job, put me on camera and they did based on the fact i had good grades and we will take a chance. >> the college is important because it gives you some connections for internship and experience but we are in new york and new jersey. i know a guy who knows a guy who can take care of that. connections and internships and

can you do the job. prestigious schools are so stinking expensive. liz: it is expensive. melissa: of a private schools are expected and to get financial aid, they have bigger endowment and more apt to give out money if you go to harvard, yale, princeton, another private school in it for the profits are not about money, they are in it to make money and don't have the began down and. it costs more. >> i am i right now going through many resumes. some ivy league schools you never heard of. what matters is if you could hold a conversation with me and convince me why you should work for my company, i do want a degree. melissa: you don't put any stock in the idea that someone got into a better school they are smarter? >> in a lot of those schools your parents can afford it. melissa: i had a scholarship, no one in my family had gone there before me. totally defies everything you said.

>> you could still go to grade school and not graduate. if you go to a grade school and graduate with $150,000 in debt that is just stupid. you could go to cuny for $350 a year. melissa: that is true. candidate said, part of the same story, 70% of executives cared what the major was listed in care where the school was the 70% said it mattered what you studied when you were there. >> makes sense. if you're going into a technical field like engineering you want to see someone who has -- melissa: they don't like liberal arts degrees, if you go to a fancy school and study poetry -- >> an english degree would be helpful. depend on the field your going into. >> stockbroker charles schwab, spoke to a girl, she was a nutrition major. >> if she liked a neutral system. a sector she could focus on. melissa: got to go, thank you so

much. closing bell is coming in hot. what do you have coming that? >> peter jennings never graduated high school let alone college. my uncle hired him at the cbc and hundred years ago and saw a fight in him. this is two feet. apple has its shareholder meeting, all kinds of the nuggets come out of this, which ones matter when it comes to you, the shareholder or you, the guy or woman who wants to buy the stock coming up. what was said here that matters? they made some comments about apple tv but in what form? tim cook didn't say we are coming down with a new apple tv version. nothing about the smart phone watch. we will see because it all comes down to the next innovative product. the early morning steel cage death match. it matters to 3 to publicly traded companies, comcast and

disney. talking about the today show versus gm a. the today show won back its audience to win two weeks of the olympics. we had so many people talking about this saying we find this faacinating. we will bring two experts to talk about who really wins in the end and which name you should be betting on. see you at the top of the hour. melissa: get ready, don't have a lot of time. the academy awards are of this sunday. some actors are in line with another day to take home oscar gold. and 80% bump in salary. we are heading to hollywood. you can never have too much money. tdd#: 1-888-852-2134 there e trading opportunities

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melissa: the failed marriage, joseph a. been rejecting the er saying it is inadequate. and wait for more money,s warehouse investors, stocks are up 7%, joseph a. bank and 3%, everybody is a winner. big stars, big glamour, big money. the 86 annual academy awards this sunday and it is more than red carpets, an oscar can mean a huge salary bump for hollywood's biggest and brightest. live in los angeles the big show because of course she has to be out in l.a. because she is very fabulous, one study from colgate found winning an oscar for men can mean 81% jump in salary for

women. it means almost nothing. is that possible? >> there's a theory for men there is a gender gap. if you win an oscar and our man you can do better if you are a woman. look at this year's nominees, sandra bullock for example. she is someone who potentially could win best actress and probably go to kate avalanche it but if she wins this could mean more money for her. her deal for gravity gave her $20 million upfront and she gets 15% of all the other revenue gravity makes so this could make her $70 million may be more. so if gravity wins best picture if she wins best actress this could be an enormous payday for sandra bullock. melissa: is so much about the fact she is a terrific business woman. has always produced and been in charge of production than been in control of her money. she has picked a great project. i don't know winning an oscar even enhanced that further. people think of her as someone

who can bring money in and fill the seats and someone who is a talented actress. >> when she made this deal for gravity, right after her last oscar win, that helped her negotiate this deal. and jennifer lawrence, another one, nominated for the third time, she may win, may not win. this is one of the raises to watch. could be a repeat of 12 years of slavery. jennifer lawrence's oscar when health care but the hunger games success shelter even more. the fact that that made some much money but to get all these deals, winning an oscar makes a huge difference. melissa: $80,000 worth of. $1,500 worth of pet electrolyte therapy. what is that? >> no matter if you win or lose, you go home without an oscar you bring home this bag which every year they have a bad word

$80,000$160,000 but in 2006 the started looking into the soul of the less now. >> do they pay taxes on this? >> that is why they started making it all lower. a lot of these celebrities never cashed in on a lot of these gifts. trips to japan and las vegas. or they don't do anything with it. melissa: have a great time and tell me about it. send me an e-mail. next on money, one of the biggest apps acquisitions ever, $19 billion for what's app, we have a venture capitalist with the midas touch we have a list of the ones to watch the next what's app because you can never have too much money. let we asked people a question, how much money do you think you'll need when you retire?

maybe half-million. say a million dollars. [ dan ] then we gave each person a ribbon to show how mama yrs that amount might last. ♪ i was trying to like pull it a littlfurther. you know, i was trying to stretch it a little bit more. [ woma] got me to 70 years old. i'm going to have to rethk this thing. [ man ] i looked around t everybody else and i was like, "are you kidding me?" [ dan ] it's just human nature to focus on the herend now. so it's hd to imane huch we'll need for a retirement that could last 30 years or more. so maybe we need to approach things differently, if we want to be ready for a longer retirement. ♪ ♪ ♪ but with less ergy, moodiness, i had to do something. i saw mdoctor. a blood test showed it was low testosterone, not age. we talked abouaxiron the onlynderarm low t treaent

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melissa: in the midst of one of the biggest airline acquisitions ever buying what's app for $19 million but one venture capitalists as there are other apps makers that can benefit as the next billion dollar takeover target. was recently named in forbes's, venture-capital list, thank you for joining us. someone on silicon valley this week investing in these companies said the market is sobeled up everyone wants $20 billion for the company. you think one of the future winners is belied, a video messaging apps. why do you like this? >> if you think about messaging it is the stickiest thing you can do on your phone. it allows you to message on video asynchronous lee. melissa: what is the difference between skype and all the other things we have? >> great question. the existing space time requires both people to be on at the same time. you can have a conversation. think about it. you can send it without the other person being on line.

it does it for video and is growing superfast. melissa: if you send somebody video than it is save so i can see the potential uses and pitfalls so let's move on. game of war is another one. sounds like something i would confiscate my son's ipad. what is that? >> is a terrific free to play games that people are trying to be the winner, the king of the game. what it does, it allows everyone to play at the same level. becauseeeveryone is playing the same level they spend time and money building the empire and fighting with each other. melissa: what do you mean everybody? >> traditionally the old model required number of players to play in a certain if you think about world of war craft. melissa: a million people they get the same time? >> they do, the fastest-growing game money on phone and ipad,

they are going to come back and you will be a game change. melissa: hope my son is not watching this. check is another one you like. you've manage finances and pay your bills. what is special about check? >> 10 million people use it. is not connected to any thing. regattas which bank you use you can look at your finances and make a payment. what is even better is check can look at your expenses and give you recommendations on how to save money. melissa: is there a sign you are a loser if you don't sell for $20 billion? the ceo says what is happening makes you feel depressed u.s. selling for less than $20 billion. >> i am happy for them but the companies create value and to create value and make people happy economic state care of itself is not about money, it is about doing great products to change people's lives.

melissa: thanks for sharing your thoughts. that is all we have for now. a terrific weekend, hope you are making money today, countdown starts right now. ♪ liz: what do apple investors want to do a bigger stock buyback? apples tv? where is the apple smart watch? how much is ceo tim cook spending on new innovative product anyway? shareholders congregate, we are asking one of the smartest apple analysts on the planet, jean munster. the man who created one of the best-selling sports games in history, matt in nfl, founder of electronic arts and he has his eyes set on a new prize, the heart and mind of your kids. kenna project backed by heavy weight and recent horowitz turn a profit? trip talking, our exclusive tests. behind the upbeat voices and