carl ackerman. >> thank you >> paypal getting upgraded this morning. takes its target up to 130. the analyst behind that call is here at post 9 we know the bearish concerns regarding ebay what are you seeing in paypal that you like? >> paypal had a tough twooin2019 the stock underperformed if i look into 2020, i see three things one, i believe paypal is poised to beat consensus estimates, and this is because of the perfect combination of the partnerships pricing the honey deal coming into the numbers second, the increasing marginal ti for paypal's expansion of addressable market to be beyond u.s. e-commerce because of partnerships, internal expansion and commerce and finally the ebay i think it's increasingly, as we have done more and more work, i think it's going to be a more manageable transition for paypal if i combine all that together with a more reasonable valuation, git i get there >> i'm going to venmo you money but they're not making much money on it. when does that change? >> it was an undermonetized asset. paypal has been losing hundreds of