we talked about that earlier look, again, you know, we had an alliance with emc for many years.a partnership with vm ware and it was pretty obvious to us that when we put all these together you create an incomparable set of capabilities and a platform that is incredibly powerful for this future that is being built out right in front of us, and you know -- >> the digitization -- >> your series has been much more than anyone anticipated, including us, by the way we grew over $11 billion just last year to record 91 billion so it's working very well. >> and you also got a billion dollars far more than people felt and my problem is going on the web, looking at twitter and people are saying wait a second, why should i buy vmware which is a stock that i am recommending and mathematically, how is it possible if vmware, could be bigger than dell it doesn't make sense. can you help people understand the math >> we do own a little over 80% of vmware. i'll let the analysts do the math >> my job is to -- we grew every one of our businesses last year at a double digit rate my job is to lead t

emc . >>> the upcoming race, ben's run, is right around the corner. you want to mark your clealenda. i'm joined by ben's mom, claire, and dr. kirsten williams, blood and marro transplant specialist. let me make a correction. the race is april 6th. i said 16th. it ispril 6th. claire, talk to me about theon loca start time, where people can register. y it's a very affordable race ore walk or h you'd like to contribute, where can people do that? >> if you go to our website, you can register in advance. it's $30 a person but caps out at100 per family. it's affordable to register to run or walk. if you have a kid friendly dog to bring, you're welco bring your dog to the race. everything can be found on our website. u can also donate through our website as well. >> we are really pleased to say ou very own news 4 mark seager is going to be emceeing the race. support out there to you in the efforts. years, you hing nin will have raised more than $600,000 to donateo children's national. dr. williams, talk to me about the impact those make for the kids who need

michael dell, who knows, dave, because of the whole complex, you knew the dell/emc/icon thing. >> i was still some disappointed shareholders of dell in terms of where they thought the stock would trade based on the exchange and where it is today. >> i think dell stock will go much higher. that's neither here nor there. >> we'll see you tonight "mad money" at 6:00 p.m. eastern time when we come back, former transportation secretary ray are a lahood with his rscte pepeivon boeing and the 767 max 8 don't go away. >>> welcome back to "squawk on the street." the last of the breaking news. today it is our january read on construction spending. we're looking for up half of 1%, already three times that amount, up 1.3%, and that follows a downly revised september moving from minus .6to minus .8 and 1.2, solid numbers as a matter of fact, that's the best level going back to april of 2018. we see yields actually maybe moving up just about and let's remember we're 2.61 in 10s, that takes you back to a january 28 comp carl, back to you. >> thank you very much welcome back to "squawk on the street."

there is no pushback on dell, doing a lot of great things with the emc.e every time it goes up, we find something new that is bad. or, of course, musk does something that is bad. >> yeah. jim, you and melissa went to the same school,think, didn't you? >> yeah. i didn't even know that you could -- how about the georgetown guy he really cleaned up, huh? >> who >> some of the guys made a lot of money, wow. my daughter got taken because of field hockey and i never thought about paying because she was good she was actually good. recruited athlete. and now i realize she didn't need to spend all those hours doing all that nonsense. what a waste. >> photo shop the picture, jim. >> i know. nightly practices i had to take her to, they made her drop swimming, if i had only known, god, we would have had a better time. >> i love field hockey my daughter played it. i liked watching but where is the payback that the college gets from recruiting the field hockey people and -- is it in the -- are the stands filled for the field hockey games? >> starting to make me feel li

s and emcs across the country and telephony , we had other private businesses there. what we will try and learn is how to optimize and leverage federal incentives where there is not an economic reason to do this. get people who are in that business that know how to do it and do most of it. i cannot give you a specific number but it is only a beginning. >> thank you and thank you for your support of these initiatives overall and for your recognition of what a significant issue it is to so many communities. thank you and mr. chair i yield back. >> thank you gentle lady and i want to run my members we are recognizing people with seniority, order based on who was here when the gavel fell. going down the list the next person to be recognized is mr. -- from north carolina. >> thank you mr. chairman and mr. secretary great to see you. we all appreciate the great work that you are doing and i just want to thank you again for coming to my district a few weeks ago and it is not the first time that you have been there. the unfortunate thing is part of the draw of my district as