joining us, aaron kessler, raymond james internet analyst. subscribe to the warren buffett way of jumping in when everybody is running away the timing does seem right but have we seen enough of a pullback where enough air is coming out of very tense bubbly type atmosphere with the tech names where it is time to come back in. >> i think you come down a lot here. a lot of names in our internet space are down 30% year-to-date. especially ones up 100% last year. hard to call an exact bottom. we think we're a long way there on the internet space now. rich: a ron, what are your thoughts on google? if you like google did you find cost per click troubling at all in the earnings report yesterday? >> cost per click was down 9% year-over-year. a little lighter growth on the click number which was 26%. we were around 28%. part of that we think was network growth. they're seeing slower growth in some their network partners u.s. look at revenues on google.com, revenue was right in line with estimates. lower licensing and higher operating expenses were negat

david: joining on the phone raymond james analyst, aaron kessler. the jump is up $23.ng close to 7% jump after-hours. will it stay that way tomorrow? >> i think it will definitely be up tomorrow. always hard to judge based on after-hours movement. clearly results were strong. good growth on net adds verydomestic and international and strong on subscribers and bottom line pete as well. cost efficiencies on marketing side. not surprised to see the stock up. >> there has to be more than that number one, they say, we'll give the exact quote, netflix intend an 1 or $2 increase depending on the country this quarter for new members. old members would hold on to the old level of pricing for a generous amount of type. is that what has the market so excited right now in the after-hours trade. >> yeah. actually did preview that last quarter. they talk about the timetable a little more this quarter. i wouldn't say that is new news. the fact that they will charge one to two starting q2 is new news but i wouldn't say that is driving up after-hours as much. david: talk about the comc