let's ask capital founder cio glen kacher. >> hey, scott, thanks. >> i zero in on your ai five, amd, broad calm, microsoft, it's looking a little dicey over the last couple of days for a couple stocks, how concern might you be about the direction for them? >> stocks go up and down right? i think overall in a period of time, that is how we are invested in how we -- the question for investors is is it 1995 or 1999? in terms of where we are in the investment cycle, building now in ai infrastructure, we would argue it looks very much like 1995 and we are just at the beginning of this investment cycle even though we are seeing massive cutbacks, there is way more still in front of us, evaluations are reasonable on the stocks and those that are trading out of the semi conductor group at this point in time, we think they are way too early exiting. >> what if it is 95 for the nascent stages of a new technological revolution as we build out the infrastructure? some of the stocks started to act like it was your back 99. >> i don't think so when you look at the fundamentals, they are still havin