where we're looking at ebita, earnings per share, you're looking at return on investment and the sorttty the people want to know. >> when richard quest says ebita, it makes me blush. >> the jury is out. the jury is out. the jury is not out on whether great aunt bessie in north dakota is using it or whether little tommy in florida is using it. that's a given. but the jury is out on whether this thing will make money in sufficient quantities and at the back of everybody's mind, myspace. here today, gone tomorrow. and always remember what one professor told me, when your mother's on the same social network as you are, it's time to head for the door. >> let's talk about zinga, pandora, groupon, linked in is up since it went public last year. you say linked in is the only social media company you would consider buying. >> they have a viable business plan. linked in is used by professionals that actually pay money to get on to the website to connect. we're in a situation right now where unemployment is extremely high. people used linked in to find jobs and in the work with people they've wo

they're paying about nine and a half times to ebit to ebita. they plan to have appreciation from this transaction. we own slummer jay, and it's the best in the best. if you want a flyer, weatherford is the one as a take-out given the management misexecution. >> let's talk about sprint. what kind of unusual activity do you have today? >> i know you're highlights it for a while there. if you look in the options today, even though it has absolutely exploded to the upside, there's more expectations if you look at the august 5 weekly and calls, both have trades in a huge number. as a matter of fact the first half hour, 45 minutes of the day in total they traded over 34,000 options. a lot of activity, most focused on the calls today in sfrint. >> it's been a hell of a turn-around. since may, right? look what the stock has done just since may. it has flat lined there from march to may and then really has taken off. >> it absolutely has. it's amazing just to see the strength and the continued buyers. you would have thought after it almost doubled off t

we are at plus 50 million of ebita compared to last year of minus 10 and trajectory is strong and building a brand and a business. >> deutsche banc had the recent troubles. you know a month ago announced layoffs. declining investment revenue. no possibility for them to raise cash and sell you, for example? >> well, that's difficult question for me to answer. we're employing 6,000 people in las vegas. it's very strong for the las vegas economy. and our business and our trajectory is really strong. we're both looking for -- >> what's your favorite restaurant? >> in new york? >> no. las vegas. >> that's like asking which one of my kids is my favorite. we have a great restaurant collection. resonated well. travel & leisure announced in the 2012 awards, best of awards. cosmopolitan is one of the top 50 big city hotels in the world. no other casino resort in las vegas. >> depends on the mood and same for kids, right? like -- >> normally i have one kid, one favorite. thank you very much. good luck. >> great. pleasure. >>> coming up next, america's favorite stocks. johnson & johnson is a focus tod

they're going to be doubling ebita over the next few years. i don't think the idea's reflected. adjust, it's trading at 11 times. it should be trading well north of that. we've got a 2.70 price target. i think it's one of the few stories where you have a lot of comfort on whether the growth will play out. very good business today. >> all right. we'll leave it there. thanks to you both. >> don't forget to keep sending your tweets. are presidential candidates just like the rest of us? this photo of mitt romney taken monday at hunter shop and save supermarket in wolfeboro, new hampshire. what's going on here? give us your caption. can you see what's in the cart? i can't exactly make it out? >> a case of water. >> water. >> does a lot of talking. got to stay hydrated. we'll get some of your answers after the break. k. the greatest empires. then, some said, we lost our edge. well today, there's a new new york state. one that's working to attract businesses and create jobs. a place where innovation meets determination... and businesses lead the world. the new new york works for busine

returning it to shareholders because when you do the math and if you put a reasonable multiple on it ebitau get 8.5 or 19, maybe you do give miss meier that cash. >> your guess is that he would have been okay with this? >> i think so. so. >> so, the stock down 4%. they should take their disappointment with a grain of salt. >> there are analysts who are disappointed by it. it's not as if they're going to return the expectation. they will still return some cash to yahoo! but it appears they're going to give their new ceo an opportunity she feels will advance that stock. it's kind of been stuck this this range for quite some time. >> it's been an interesting week for the name. little earlier this week, decisions she's made in her first few weeks. as we look at these pictures from the floor, i want to try to find bob pisani and melissa lee because they're in there somewhere, guys. >> i think bob pisani is lost in the crowd. you cannot imagine the number of people, probably about ten tede where man u. is going to start trading. latest indication is 14 to a quarter. we're looking just about 14.

65 times ebita. that was never a realistic valuation that was sustainable over a period of time predicated on the fundamentals. >> in hindsight they could sell the stock there. what do you mean it wasn't sustainable. someone thought it was sustainable. >> there was so much hype that everybody wanted a piece of it. it was like peter lynch said, you should invest in things you know. >> it's unbelievable we could see it happen in '99 and every time we talked about it with facebook, we heard, no, no, no. do you remember how many times you said it. i'm with you. sdwloo do i think there's a value at which it makes sense? yes. >> is it there now? >> if you could -- if you remember what lee cooperman said about the evaluation, if i buy google ten or 11 times or apple at 9 or 10 times, why am i buying facebook at 65 times? to if you think that the sustainable profitable growth rate over a long period of time is 50%, maybe it's worth, you know -- >> it takes me out two, three, four years and assume they're an

they're providing guidance, they're guiding to continued revenue growth and we raised our ebita forecastexpense of profits. so we think what you're seeing with yelp does look sustainable. yes, it is an expensive stock. hence we have a perform rating on it. but we did, we were very happy with the result for the quarter. >> michael, you got to wonder whether investors are taking a look at the yelp story. taking a look at the fact that yelp is providing guidance, which it raised. and taking a look at facebook with no guidance, disappointing quarter. saying there are other places in social media to invest that are better than facebook at this point. facebook shares hitting another new low, down by 3%. so, michael, does this make facebook look even worse in the eyes of the investor? >> i think that it's all about transparency and visibility. i think when facebook went out at $38, investors had an idea they were going to make $1 sometime. and when the company said we're going to spend more money than you thought in driving revenue, and we're not going to tell you how much we're going to earn i