drams, disk drives, why are these doing so well, rick? >> well, so i can't speak to drams too much.re in the nand flash area and more of the products we try to design into the industrial base. so as far as the really volatile volume dram market, can't give you much perspective there. but we do play in certain segments of the microprocessor and hard disk drive space. it's not been dropping off a cliff for us. >> now, typically in this period, i'm used to hearing avnet. you talk about the seasonality on the conference call, but usually europe shuts down, i'm always nervous, but you declared a dividend yesterday. you guys canceled your dividend a while ago because i think you didn't have that kind of visibility. this is not the thing that i would expect from avnet which is always worried about its visibility these days. what happened? what gave? >> so, jim, we've talked consistently over many quarters about our capital allocation strategies and we've talked about we always like to prefer to invest in growth wherever we can. we've done some buyback recently as we've talked about on prev

if you want to dram advertise power. -- dram advertise power.er stage. >> and jerry what was your take why did you want to take on washington? >> yes, i think because i'm just worried about it. there's so much dysfunction and i think the audience is in the middle of an anxiety dream about what goes on in washington. i'm fascinated by you know, it seems like it should work better but it often doesn't. >> so you really came to it thinking there was a dysfunction and i will what, look at it or try to solve it or what? >> mostly ask questions about it, explore the reasons for it. a lot of it just from my own personal therapy. but hoping that other people might want to know more and just be tempted to just keep asking questions about it. >> we'll come back to that. and thomas, you live here in washington. so some sense this say local story for you? >> all history is both local national. and i think one of the things that has attracted me to the city writing about it is that it provides a chance for ordinary people to get caught up in big, big dramas.

when you lay it down, flesh, dram, and it has the faucet holes in here. it has the race area here so water will not run back off of it. >> let's go take a look at shower fittings and fixtures and the shower systems year. they are fascinating and very, very modern looking. all sorts of great stuff. do people like these in their homes? >> yes, i think this is a great example of how people do not want their parents shower anymore. this is the new generation of shower systems, and they have and what occurred, -- accouterments. they just give a wide volume of water distribution. >> is that a problem with water flow? >> these technically meet those standards. the shower head distributes it, so it just kind of gives an appearance of more volume. these are body sprays that will take your body. this is a hand-held, and this is a good example where you could put a bar here. you could leave it in place as the traditional shower, or you could take it, and you could do it, and this is also great for cleaning and washing your dog and things like that. >> right, so you

david: just as an example, samsung galaxy note 3, your drams in it right? >> absolutely.eat customer of ours. david: have you had to change the overall strategy based on the decline in the pc industry? >> our strategy for a long time has been to search out all those applications where we can really add value. we're heading down the path in quite a while moving our products into things other than pcs. whether it is enterprise or automotive or medical or industrial. we want to be there where we can take a system level approach to the creating value for customers and letting them innovate. david: you're here in new york. your base is in idaho. you're here in torque new york to talk to investors. is there something that frustrates chip make officers you look at intel. great company, well-run but the stock value is stuck at around 22 bucks a share. same with your company. a lot of people say it is undervalued in 13, 14 range. it could go up to $20 pretty easily. what should investors know about chip-makers right now? >> at least for memory the industry is changing dramatically

there is no bigger extravaganza than the olympics, so this is shaping up as the best-ever stage to dram advertise thatizethis idea. the russians have this not so quaint idea that homosexual is not normal and therefore harmful to society. the argument has gotten so testy, a russian pole vaulter is attacking fellow athletes for wearing rainbow nation polish. suggestions abond. mr. putin, the former kgb agent who was outfoxed and outplayed president obama at every turn, must be as happy as, well, a homosexual at a gay kiss-in. like the one staged in front of the russian parliament last week. it's clear the russian president is not intimidated by calls to cancel the games, not when nbc paid $775 million for the broadcast rights. not when he sized up the american president as a rookie at their first meeting. from the start, mr. obama has proasmed thapproached the formet union with detente, not the tough strategy of the bush era. it was time to reset u.s. foreign policy. the president announced he would not meet one on up wit one with mr. putin at next month's g-20 summit in st. petersburg, a

we want to see a dram democratic system. we do not want to be attacked, prisoner of war. mus churches burned down, museums museums being attacked. we do not want to see this. have we want to have a flourishing coun -country, democracy. cou -a country where every individual can feel free, can have human dignity. this is what we're working -towards. and this is what we're going to achieve. achieve. whether the aid continues? comm comment of the decisions of the united states government. what i'm saying is that this assistance is of use and is of tremendous importance to both sides. >> ambassador mohammad toufic we thank you very much for being with us. >> thank you very much. >> woodruff: still to come on the newshour, police seizing your cash, car, and even your home; a history of governing gridlock; nasa's future; and a downsized space mission. but first, the other news of the day. here's kwame holman. >> holman: the number of syrians streaming into iraq has grown dramatically in the last five days. they are mostly kurdish refugees believed to be fleeing attacks by al-qae

like the stock because i like the merger they did with the japanese dram company, but no, you can't docause tech is kind of shaky between now and the beginning of october. so be very careful. maybe trim some back and buy it lower. rob in california, rob? >> caller: all right. how are you doing? >> real good, partner, how about you? >> caller: good. what are your thoughts on renren. >> chinese stock. we're not buying those. those are all killing people. jerry in tennessee? >> caller: big old, thank you very much elvis memphis boo-yah for ya. talking about vodafone, largest telecommunication company. >> now you're talking, this is the kind of stock i like. i want european exposure, high-quality company. i want you to buy this stock. i need to go to larry in massachusetts. larry? >> caller: greetings, jim, from your number one cramaniac. how are you tonight? >> boston looked okay. the yankees are getting hot. what's up? >> caller: well, having been a mets fan in the '60s, i can only emphasize and recommend wait until next year. >> my professor when i was up there. >> caller: oh -- >> yeah

. >>> the dram is over. for on next pharmaceuticals and amgen.yx agreed to be bought for over $10 billion and it ends a two month period where they put themselves up for sale. amgen will gain access to cancer research and medication and shareholders will get $125 per share from amgen up from the original $120 per share bid. back over to you. >> this one to you. >> this is about that success they had, judge, with the early stage very positive reaction and they're also in another cancer marketing basically for nexvar with bayer. that's interesting because it bauts bayer and amgen in bed together through the marketing deal and you throw in the fact another san francisco based firm and san francisco real estate has to see yet another boost, judge, because you have got facebook and google and all the rest and now you have a bunch more millionaires coming out of onyx as well pushing up prices in the bay area. >> if you look at the price action today in both of these names i think it is interesting. apple general is trading up more, almost 9% than onyx

and somewhere in elementary school, maybe from a movie, you know, the dram drop, schools like harvardd yale and how it is like the -- the epitome of the american dream. and as a kid i was in such awe that, you know, if i can work hard i can possibly get there. so for me it's kind of quite different, but for me in elementary school i kind of knew that it -- in my mind success was getting into an ivy league school. but it didn't become like more tangible until high school. as a kind of mission in my article, when i did a program called dartmouth bound for my senior year in high school where they fly out students just to check out the campus, get the feel of what an ivy league school is like, and it was wonderful. it was the first time i got on a plane. and it was breathtaking. that the staff -- the administrators could see me there. it really meant a lot. so they really made it tangible for me. and all the various like letters i got from different universities saying that some intangible thing that i have will lead me to be successful at the school. so it's very beneficial. >> justin, y

>> there's something called the dram shop act.the only two states that don't have temperature noit. normally it would be the bartender. it's rarely issued to a pay tron. no one would name him but he was identified from that video. if she had that many shots, i guess the argument is she was so visibly intoxicated, you should know that would happen. i don't know. i think health insurance a hard argument to make sell to a jury. if you're gee fending this man, how do you defend him? >> they have to show the mindset that he was already intoxicating. it seems to me the person who is most likely to know that is the person who has been serving to her, bartender at the straurnt. do you think how this man could get in troubling and -- >> he's an easy person to pick on. he's unlikely able to afford competent legal counsel. he's probably going to have a tough time making his defense. as you pointed out, he seems to have a pretty strong defense. how is he to know how much she consumed prior to him meeting her? >> something we had never heard o

kelly speaking several languages including greek, french, spanish, and man dram.n, -- [no audio] he felt a bit like an an anthropologist in a foreign land. reacted to the event of the early civil rights era by networking with black ministers and the late '0u they formed a mixed race youth group. the same values moved him to join the peace corp. in the later 60s and has informed his political act virgin islands in the decades since. he has ten dis0 -- disagree from harvard university. i think he's only panelists who googled me prior to the interview. he found out i was a poet and has since been sharing his poetry with me. [laughter] peter bailey on the end here was born in 1938 in georgia but raised in alabama where he experienced a tight-knit black community. however, his family moved to germany when he was in high school because his father was in the military. mr. bailey served in the military prior to attending howard university. in 1964, he became a journalist and writer. he is the former associate editor of ebony magazine. he's written three books including a