, and danaher did not predict correctly.nd of like estee lauder they didn't predict correctly that there would be such a decline among their clients. their clients are biotech companies that are well financed and buy machines there was one biotech deal last week, first one in a long time, but there's a slew of biotechs that never raised enough money to continue to buy product from danaher. that's why they missed and i come back and i say, holy cow, danaher, estee lauder, usually these companies have a great handle on their customers, and both failed. it's rather amazing because these are very good companies. danaher is a fantastic company estee lauder is interesting enough i speak to nelson. there's -- he doesn't really want to go after two class stock situations >> you typically stay away, from, not always, we have seen some activists come after control companies. in fact, trion took a position on our own parent company, comcast, so sometimes they will, but -- >> but they recognize the futility of it david brings up a cable

what is going on with danaher? is it time to punt it and hand it off to ge health care >> our viewers are so smart. and boy, do i like the ge health care jeff marks introduced yesterday at the club meeting. danaher yes the growth did slow because their customers are biotech companies and they've not been able to raise capital in the ipo market or secondary market but i think we just bought some. it's bottomed. it's time to buy not sell. i'm not capitulating danaher yanik in new york. >> caller: jimmy chill coming at you from upper west in nyc. thanks for taking my call. >> great to have you on the show what's going on? >> caller: all right with all the uncertainty surrounding the commercial real estate market i'm wondering how this proven leader will hold up. buy, sell or hold simon property group. >> david simon is a winner he's unbelievable. he's done so many things to make his stores great everybody's quitting on him. but let's make it be known, david simon, who by the way is not that nice a guy. i just put it o

know well between tyson foods had a terrible earnings report, bad outlook like home depot did, and danahern't been strong lately but if you look at the charts, they are starting to round out that really really heavy volume sell that those three names received in say the last three to four weeks , and then secondarily starting to base out and starting to get the rsi, and to your point fundamentally, looking at say valuations on the stocks, the fact that a lot of the bad news is already in, and these stocks have been thrown out with the baby, the bathwater and then had the house burned down on them. charles: before i let you go, are you going to breakout s&p 4,200 hat or not? >> no, because man, don't call it a comeback but the economies been here for years. i've been wearing this s&p 4,000 and s&p 4,100 hats and everybody looked at me and now they want me to wear the 4,200 hat. no way i was already there. i would actually sell the 4,200 hat because of the fact everybody starts wearing it. charles: if you wear the s&p 5,000 hat please let us know. >> i'll meet you at taco bell, buddy see you