be barracuda network trading as 'cuda, cuda.bear 'cuda network is going to raise about $74 million. we are thinking about $2 billion. compare that to visa. visa raised 20 billion in its recent ipo. facebook, about 16. the reason facebook, jon and laura, has an asterisk next to it, is because i am an idiot earlier. i said $100 billion. that's their valuation at the time not what they raise. every once in a while, i misread my own notes and i get an asterisk. >> we have now cleared it up, scott. 6:57. time to check the weather with christina loren. one final look at your wednesday forecast and beyond. >>> looking good out there today. no, you are not an idiot, scott mcgrew, those are ridiculous words >>> temperatures look good. 78, inland. bayside, 75. 72 at the coast. we're only human right, mike inouye. >>> we are only human, that's why accidents happen. this is a big backup. as a result, northbound heading up from university, three miles of backup over towards the southbound side of 101. the maps, if we can take them, shows tie

. >> reporter: wine maker larry dino owned cuda rich wine and a similar take at harvest 13. >> it's a good year. yields very nice. they're up a little bit. >> reporter: amos crushed his predictions from a report of a wine shortage. wine taster suzy corning heard something about it. >> people really enjoyed wine. and it's a pity if that's the case. >> reporter: but is it the case? the wine makers we talked to said nothing points to a shortage in this region. >> over all california in general is doing pretty grade school. >> the story is echoed in napa. the napa vendors report a harvest that came in early with above average yields. larry dino says he does agree that demand is up but he believes production is keeping pace. >> last year we produced 1,600 cases. this year we're producing 2,400 cases. >> reporter: europe is expected to see a decreased production in the years ahead but here in california after looking at this year's harvest many expect this year to be much like last who saw record productions. >>> more details now on california's grape harvest. the wine institute released fi

the first trade in cuda as it is known came at 6:53 our time, about 20 minutes after the open. you recall it took hours for the first trades in facebook to execute back in 2012. that was on the nasdaq, partly due to a computer glitch. generally speaking, we never see a stock make its debut right literally at the opening bell. there are other things happening. jackie is live at cnbc with everything else. good morning. >> good morning to you, scott. we're watching the futures, they were lower earlier this morning, they turned the corner now higher, after we saw the dow hitting a new record high on wednesday. we did see stocks get a bit of a lift and it was really an absence of bad news out there. microsoft was the stock helping pow ter dow higher. today some data is going to come out on unemployment, consumer credit and the first look how the economy performed this sum ir. and it may show that growth slowed from spring but the numbers not reflecting the impact of the government shutdown and the debt ceiling fight. the dow jumping 129 closing at 15,747, and the nasdaq slipping 8 t

>> caller: cuda. >> i wouldn't have paid up. that segment is so tough. too competitive. let's wait.ive. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ [ male announcer ] the beautifully practical and practically beautiful cadillac srx. get the best offers of the season now. lease this 2014 srx for around $369 a month with premium care maintenance included. ♪ ♪ ♪ so you can get out of your element. so you can explore a new frontier and a different discipline. get two times the points on travel and dining at restaurants from chase sapphire preferred. so you can be inspired by great food once again. chase sapphire preferred. so you can. >>> you >>> you want to take one thing away from the show, nobody got hurt taking a profit. consideration nps pharmaceuticals. i got behind it a year ago. at the time they were trading at $8.84. thanks to the orphan drugs for a short bowel syndrome

>> caller: that one is cuda. >> i wouldn't have paid up. that segment is so tough.too competitive. let's wait. not a bad company, but it's too competitive. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. i'm beth... and i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can. >>> this veterans day, "mad money" honors those who defend our country's freedoms. by helping defend their financial futures. if you or someone in your family is proudly serving or has served in america's armed forces, we invite you to join our live studi

different tests and a litany of problems, the white house chief technology officer rights to massive cudas the team is making. republicans say this further proves the white house knew of significant problems of the website and said the website was on track and then allowed it to launch with predictable results. the white house says they have a knowledge officials red flag but never thought it would be this bad and say the problems with the site were also related to volume from meeting more demand for health care was signed. gerri: i have to tell you, the white house public face, the white house private face seems to be to totally different things. i don't understand how on the one hand the administration could be saying all is well and we are expecting a great role and on the other hand multiple reports of problems, people inside talking about the issues, even mackenzie and a report commissioned by the white house is saying, you know, this does not look good. what do you say? >> actually when you are reporting on this in the run-up to win the website launched, we were getting reports from

cuda, vicious pop to the upside and rather somewhat selling off, i would wait until it goes sub20 tohis one. i don't think you have to chase. >> f 5, pete? >> i love this space, the sector and i think this is one of those names at these levels web you look at the valuations of something in this optimizing the whole networking world one of the names was over 100, here back at 80, i think it can go higher. >> been some people who have looked at what the auto stocks have done and raised questions about bubbles in that space too. what do you think about ford here? >> i like ford. i like the autos in general. i think they'll be better than expected car sales next year. these guys have done a great job managing costs. the big rick for ford is all the chatter about alan mulally possibly going to microsoft. i think that would be damaging to the long-term story. >> sell on the news. >> i would be cautious on the ill na name. people like him matter in a company like this. >> we'll do final trades and who won the mcdonald's versus wendy's debate on the other side of the short break. i have low

you have thoughts on "cuda"? >> there's a lot of software cloud security companies.e nervous. i once caught a 55-inch cuda off the coast of mexico. >> i knew there was a fishing story in there somewhere. let's look at the s&p, we're coming off a down day yesterday. here are the big boards celebrating its big day, barracuda, cloud security and storage systems. and on the nasdaq, premiere, a health care technology company ringing the bell remotely from charlotte, north carolina. very nice. are you saving time warner, david? >> i'm not. we can talk about it. looks like it's going to be down slightly. revenues were flat but they did seem to do a good job contains cost. they had a favorable tax rate from the quarter from what i understand. but not a bad quarter from time warner. it's $62 billion market cap for this company. it's cable networks and a film studio soon to spin off time inc., which we forget about. and that will be interesting and challenging. we've said this before but we're going to have a number of pure play old media companies, i hate to say it, but in ne