let's get back to andrew and our guest host, barry diller, who are both in new york city and barry we'resonally. joe and i both live in new jersey. >> but you're right, the drive through parts of it is not that, you know, i hear that music. >> i think new jersey is beautiful, please, but you know, but you know, i'm here. thank you. i thought it would be nice for you -- >> we will come to you. >> -- i thought it would be nice for you to have a location shot. >> the beautiful iac building in manhattan this morning, with by the way a great screen behind us, the highest resolution screen i'm told in the world. >> it is. and it is also extremely low energy. >> it is extremely low energy. we were talking during the break and i want to get your last thoughts on the issue which is facebook. you made the argument during the last segment mark zuckerberg who always reprice his shares. i said doesn't that feel a little icky? >> well, in this case, i actually think over a period of time i don't think that's wrong. let me finish, the entire business reset. if you just reprice options literally to give

barry diller is clearly wrong.ou remember that day, you were out in california, i was at the nasdaq. we looked at some. allocations. we know the mutual funds and hedge funds that went in for a million share order and they got the million shares. no, it wasn't the retail, barry dirl, that went in as speculator. retail jumped in to ride coat tails. it was the mutual funds and the hedge funds. the long-term investors, many of them -- i'm not going to single out names, but those were the people that set the bar here. retail followed to suggest that retail set the bar completely irresponsible, in my opinion. >> you're saying that the retail investor was a leming? >> they went to their brokers, the wealth adviser and said, i want to buy into this thing. they didn't set price limits. retail says, get me as many shares as you can get me, hoping to make money and flip it. the bar itself, the $38 price was set by the mutual funds, the professional investors, the one who market themselves, run commercials all day on cnbc talk

i would absolutely buy facebook now. >> slim shady, do you listen barry diller's investment advice?u buy facebook now because of their desire to make their site better. >> we've been trading facebook and it's been working pretty well for us but we have no position right now. the way we've been looking at facebook is buying it right after a news event where the stock gets dropped down. right here in the 20, 21 range after it pulled back from 23, i would like to see it get back down a little lower for a trade down through 20 and then look to buy. right now, no position on facebook. >> josh brown, you following diller into this deal? >> no way. that's a data-freeway of saying it's a big site. look, finding more users, they have 900 million users. where are they going to find the rest? in all their star systems? i think this is a situation where it's noisy and newsy and a headline can come out and it can go up or down 9, 10% almost every other day. that's way too much activity for me. i'm not interested in the whole story. >> let's trade diller, dr. j., what about ic interactive. >> he'

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. >>> the one and only barry diller thinks google is in a league of its own. >> the idea of thinking you can compete against what is the verb, google, is stupid. >> but is diller actually right? we're settling the score in the bat of the tech titans. that's next. one of our very own trade sers finding new life in a stock many thought was dead. we'll teach you a thing or two. stay tuned. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're tryin

. >> you saw it earlier, barry diller slamming social media stocks. does he have it right?>> and here's a good one. more young people are cutting up credit cards and putting their money into savings accounts. big change. that's good news for the financial situation, but is it signaling red flags for the economy? >> we'll look at that coming up. for what's around this corner... and the next. there's cash flow options from pnc. solutions to help businesses like yours accelerate receivables, manage payments, and help ensure access to credit. because we know how important cash flow is to reaching your goals. pnc bank. foe achiever in you. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself

. >>> media mogul barry diller was on "squawk box" this morning saying that facebook's ipo was not aand saying if he was a buyer of stocks, he would buy facebook at current levels. it's currently sitting at 20.62. >>> meantime, the blackberry jam is under way. this is not a collection of canners. it is actually research in motion's big conference. we didn't know that either. but at the jam, the ceo saying something good, that r.i.m. subscriber base actually grew by 2 million users, which got us thinking. has the street underestimated old r.i.m.? joining us now is an analyst at hudson square research. we're also joined by todd hazelton. dan, first to you. why the buy rating? >> it was more of a speculative call. we put it out about a month ago when the enterprise fell to about 1.5 billion. the book value of their network is over $2 billion. they do around $4 billion a year in service revenues, which has an ebi north of $2 billion. there's a lot of intrinsic value. i think that they're losing a lot of their base. >> should they ditch it if they're too late, dan? >> i think absolutely t

it sold off and it was lower was saying buy, double down, you know, pick it up but someone like barry diller and some insiders say well mark zuckerberg is young, his view is much longer term than most. nowhere near the $38 ipo price. the dow is up 60 points, above 13,600 once again. the s&p 500 up about 1/2%. much like the tech heavy nasdaq. some names that are leading the way on the dow, including home depot, pfizer, general electric and merck. back to you. dagen: thanks nicole. the latest rasmussen poll shows president obama and republican nominee romney essentially in a dead heat. president obama winning by just 1 percentage point as the race enters its final weeks. senior fellow at the american enterprise institute is joining us now from washington, d.c. kevin good to see you. what is the one thing that mr. romney will do to try and push ahead with his economic agenda that he has not been doing and that needs to be doing in previous weeks? >> well, i think that the biggest thing coming up is that governor romney is going to have a chance to speak directly to the american people in the de

someone on talking about who saved the world, saying that, oh, it was barry diller. >> right, right. nt had helped to avert a much worse situation. but actually it goes back to bush and pall paulson and t.a.r.p. >> in hindsight, we didn't know if our programs were going to work. we feel very good that they were effective in stabilizing the financial system, and the fact it's coming back at roughly break even is a resounding success beyond our expectation. >> i watch you and it's like when i kid around, you never flinch because you were in a period where there were some more serious things going on. i bet a lot of things you do now don't seem to have quite the gravity or seriousness of that time. >> yeah, i don't feel -- i'll never again feel in my life the kind of pressure we felt, that many of us felt during that time. >> even on this show. the grilling that they'd give you. >> it's like warm milk. >> that was the great comment, the guy going in the fed -- >> it was blankfein. >> calm down, you know, wipe the vomit off your jacket, you're going to be okay. and larry lindsey, ceo of t

barry diller on tuesday said he didn't feel this sense of uncertainty in terms of how he's managing hisvid, are those real numbers the 6% and the 2%? >> no, but i would say here is one of the things that i've observed about short cycle orders right now and i think it's true for most companies. if you're in a place like europe, it's been negative all year and stayed negative. if you're in a place like the u.s., you started off the year with a more positive percentage and that percent of improvement has slowly declined during the course of the year. i think that's true for just about everybody. it's why we're all being cautious. okay, if i can just keep drawing those lines it doesn't get you to the right spot so i'm going to be careful. i'm going to wait to see what washington does until they sort this out. >> what could washington do that would mess you up or make you think this is great, i should have g ahead with some of the plans. >> if they pick one of the first two alternatives where they either say and you do hear this from some folks, just let it happen and that will give the impe

barry a comedy club is now history. a. the purple onion has been around for decades featuring legends like phyllis diller, robin williams, woodyllen. , the lovers say it is hard to watch such a legendary institutions shut its doors. >> i think it means that comedy is changing a little bit. you would think someone would jump in and let it lasts forever. it is not, it is closing down and it is a real shame >> it opened in 1952 so it has been around for 60 years. you'd think someone would step in and try to figure out a way to keep it going >> >> a horse has an unusual skill, pretty good with a paintbrush. >> this was a nine year-old stallion who was a show horse but one day he started crying in the sand so he even has his own web site. he fetches up to $250 per painting. >> he is actually pretty good >> a few weeks ago i think we had a guerrilla that painted but this one is much better. in the next half-hour, it is one of the most controversial endings to a game ever, the call that has the nfl under fire in a big way >> the new plan for shoebox living and who is designed to help. >> in the auto police officer injured while tryin