joining us, legendary founding partner dan niles. ood morning to you. >> good morning, carl. >> it's your biggest position. you've said it's probably the best product cycle in the last three years. your expectations for the stock leading into the 9th and then what happens after that? >> well, i think if you look at apple, it has a pretty consistent trading pattern. it outperforms the overall market by about 10% to 20% over the two-month period leading up to new product launches. and then unfortunately, it actually underperforms for the next month or two. this, in my opinion, is the best product that they've had had since really the 4 or the 4s which is when they introduced the two cameras on the phone, the front and rear facing back in the 4 generation in 2010. i think that will drive a big upgrade cycle because you're going to get a badder, wider phone. i haven't upgraded for three years. and i think there's a lot of other people who have been waiting for a compelling reason to move. i think this will give it. and the second piece is

dan niles, thanks for phoning in. skepticism on the desk. i was playing devil's advocate.re you actually skeptical? >> somewhat on ring -- again, the same type of template the way nimble storage, which i bought, has traded over the last couple of months. i like nimble better fon the balance sheet, for the growth potential. i understand what dan is saying fundamentally. i think stephen mashgs mashgke excellent point. >> had a skype call from china. why can't they do it? i get my office phone:y can have had ring on my cell phone if i want. i don't see what's so unique. i'm not sure at&t collusive. just hearing what dan said, i heard the story before. >> if google decides to get into the business, bam. >>> let's get under the radar stock by here. because rng was one. josh, yours? >> worth mentioning john paulison bpuls paulsen buying in nnk on the new york stock exchange. a british adr, much in the mode of valeant, a good one and looks like he's on the buyer's side of that trade. i'm getting he likes the strategy. at about 7 million shares now with permission to buy more. >>

also, we'll have legendary tech investor dan niles to talk apple valuations ahead of that all-importanthreats not only to sony's playstation network but also to one of its executives. we'll tell you what was behind that and what it means for the gaming company. that's all up next on "squawk alley." you can get a $1,000 turbocharged reward card with a new volkswagen turbo. so why are we so obsessed with turbo? because there's nothing more exhilarating than a powerful ride. and you can get that in places you might not expect. like the passat. and also in the fun-to-drive jetta. in fact, volkswagen has sold more turbos than any other brand over the last ten years. that is a lot of turbo. get a $1,000 reward card on new 2014 turbo models or lease a 2014 passat s for $189 a month after $1,000 bonus. ends soon! it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agi