. >> yahoo is trading as if allie baba's cop is going to be south of 150. >> yeah. >> does it matter.hink it does. >> i think it matters. >> it doesn't matter. >> you know what, allie baba is going to go public after labor day. yahoo's stake is almost $50 billion. way more than the market cap. if it beats by a penny this week, yahoo's earnings don't matter. it's a call option on the ipo at this point. >> webo can be a 30 time sales in a week and then we're talking about the highest possible -- we're talking about a market cap for alibaba. if this continues some may be down 50%, 60%. in 1999 price line closed down 7% from its high. if we see that, alibaba is never coming that way. i don't get it. after what's going on here in the last few months i don't know why people are cavalier with that sort of attitude. >> if you look at the price actually, it's not being priced as if it's a guaranteed ipo. i mean, the market cap forr ya o yahoo -- there is a significant discount. the market is discounting that there's some risk between now and september when alibaba should price that there's som

if you take allie baba out of yahoo!, what is left? anything? quickly check out stocks. up almost 7%. >> that is the number news out of the way. yahoo! is growing. this stopped price has doubled. here is the concerned with yahoo!. they are growing and bringing in more money from display ad revenue. the amount of money they are making is down. their position in search is down also. stuart: quickly checking the stock price of bank of america. a big legal charge. $6 billion is the charge they are taking. it has hit the stock. not that hard. you have some certainty. the stock is down 2.4%. soda stream, that is a big winner. reports that a part of it may be sold off. do not know how much or how much more, but that kind of stock stimulates. we have capitalism. nothing new in washington. also among them is a ceo of comcast. as comcast and time warner, they want to get together. is this merger going to get fast tracked because of politics? brian roberts gives to democrats >> we will have to look at this one. it is not only brian roberts. how about a chi

. >> it would seem like allie baba is the talk now. does any of this move the needle. do you think it would be meaningful for yahoo? >> stock-wise when you compare it to that, no. let's talk about the best case scenario. what if miracle of all miracles yahoo managers to strike a hit like "big bang theory," then you're talking about something that does move the needle. >> i wouldn't bet on that. >> are they going to have this ready for the news front which is the equivalent of the networks upfront. was it last year at this event where they announced katie couric was their announcer? >> yes. the hopes are they'll have as many as four new shows getting advertisers excited about parting with their dollars. >> so you said if it has a hit the size of a modern family, how do you calibrate that on the internet? you're not talking about ratings. i can't imagine yahoo generated original content series having the same kind of ratings as a network hit. >> fair point. i think we're talking about a different metric here. things like traffic. you're talking about things like ad reven

in your view, how much of that share price is the value of the alli baba stake? , several questions you have to ask yourself, and the first is what will it float at? two years ago when they first sold their stake it was valued at 35 billion, when yahoo! peeled back some and now the range of valuations is anywhere from 130 and with market volatility coming back in, the larger deals will get more difficult to get filled. >> i've heard some people make it this extreme, that a year ago you could have said ali baba was 10 bucks a share and today it would be the entire value. is that overstating it? >> i think if you use an appropriate tax rate, 35% corporate tax rate it's around $20 of that 34 stock price. >> we just found that, as you said, their core business display advertising weak again. how weak though, colin? are there any signs here that marisa mayer in this area she has control over is making any progress? >> right. the thing i would point to is looking at the underlying metrics for the display and search business. both of those businesses have seen their pric