. >> and construction is going out and you are going to tech sector emc. >> i am it is undervalued andpensive. >> is it over priced. >> no, it is going up.

vm ware and emc rallied more than 7% each. both had strong quarterly results. disc drive maker western digital's earnings were more than twice what wall street expected. shares jumped more than 6%. consumers weren't just buying apple products last quarter. luxury goods retailer coach had earnings three cents over estimates, something it credited to more men shopping at coach. shares shot up almost 6%, pushing the stock to a new 52- week high. the company forecasts double digit same-store sales growth. railroad stocks saw some selling, thanks to disappointing results from kansas southern and csx. shares of those two fell almost 8% and 3% today, respectively. after the close tonight, norfolk southern turned in better than expected profits, but shares were down another 3% from this closing number. and that's tonight's "market focus". >> tom: even though the stock market is close to six-month highs, many investors continue avoiding stocks. last year, while stock exchange traded funds attracted $39 billion, investors pulled $121 billion out of stock mutual funds. we

you've got emc. you've got intel. you've got microsoft. you've got apple sitting on over $80 billion. google over $40 billion. it's the shareholders' money. and they should increase or start a dividend to be a great stimulus to the economy. i've been trying to get president obama to make a statement on this because it would be worth more in terms of consumer demand than the creation of jobs than just piling it up and a tiny fraction of 1% interest in the cash hoards of these giant profitable corporations. so we want to hear from people from shareholders from all these companies. just e-mail me at shareholders@nader.org. shareholders@nader.org. in a prior interview on cnbc, we launched this idea. i think it's a very powerful one. on behalf of over 70 million very patient investors in this country who own their companies but don't control them. >> mr. nader, it's karen fi finerman. there is a mechanism. you can submit a proposal to the company. it's nonbinding so they don't have to do it. but to the shareholders at the next annual meeting to