i can see a larger defense play picking alliant tech.too much sense for this company to remain independent. i think it will be bought. alliant tech is too cheap to ignore now that major risk that had everybody worried about is a thing of the past. i think thecowen are correct. as much as we hope it's not the case, it's not like we're going to beat plow shares with the tinder box in the middle east getting hotter, not colder since the arab spring began. pam in massachusetts? pam? >> jim, i'm a first time caller and long time viewerment my question is about boeing. i've been trading it and it's been trading and it's $7 to $9 for the last two months. my questions are, is it being affected by the labor dispute of potential cut in the defense budget or just delays with the dream liner? do you see a catalyst near term to make it forge ahead? >> i would say that the research director of my company have gone over this boeing. we did it five times today. we do it two or three times every day. if i had hair, i would have pulled it out on this. i t

and that's alliant tech, ata. >> didn't you wait until you get some kind of closure on this fiscal cliffe are going to see hundreds of thousands of layoffs of these defense cuts going through, does that impact the group negatively? >> absolutely. that's why i keep coming back. try to stay away from anything that needs congressional approval. if you can tell the post office you've got to start using natural gas engines, which they do, the president has a right to do, that's a lot easier call than saying listen, let's start authorizing big subsidies for this kind of energy. that may be done. let's start building a lot of ships. we don't have that kind of money anymore. >> finally, chuck schwab at the top of the show. >> what a risky thing to do. half the people in the country do not want to hear from their financial advisor that they favor a certain kind. but, look, i think the banks, obviously, they would get more of a green light. i know everyone's a favorite of the community banks. but the sub text of that is jp morgan is a winner if romney wins. >> meantime, senior correspondent scott

tech. >> despite the name is actually an ammunition maker. they think the market has not given alliantcredit. >>> microsoft also making waves today announcing a new streaming music service that's taking on apple, pandora and even spotify. but is it too little, too late in a very crowded space? let's bring in rich greenfield, co-head of research at btig. is it too little, too late? >> thanks for having me. i mean you can never say it is too little, too late. we're in a very early stage of digital music. music labels are finally making it easier to license rights. think about how long it took spotify to get into the u.s. it took years of negotiating rights. microsoft was able to move very swiftly i think based on what the folks at spotify had established from a rate structure standpoint had kind of paved the way. what really i think everyone who's listening should focus on is that microsoft is putting a very critical brand in front of this service. this isn't zune anymore. they're using their xbox brand. this is for all of windows 8. it is going to be on ios devices, android devices. the