begin paige, director of medtronic, international medical device company and also board of directors of ibm. this medtronic company, if you click on it -- guest: let me stop you there, i am no longer on the board of medtronic. caller: it is listed on the fortune 500. can you please disclose before you start shelling for privatizing? and another thing, sir, people well aware of what the fed reserve is aware of this country and i would not like what you trying to do with the federal reserve because the fed reserve pinot is no more private than federal express. i think you should explain yourself. host: go ahead, dr. broder? guest: i am on the board of a pharmaceutical company, no board is, i am not on the board of medtronic, i found the three medical device companies and i operated and trained in surgery and radiology and have taken care of patients and i am

i think that's where ibm's headed. ibm got out of the hardware business, heading toward software. now look at dell is doing with perot. the hardware manufacturers realize it's all about recurring revenue. i think if ibm makes a move, it's one of those companies with a quite a bit of debt, but if they make a move, they'll go to high cash flow services or yepted companies in my view. >>> we just have a minute left, but your point earlier about $260 billion in cash, and it's really net cash that matters. >> right. >> str any thought that some of these companies might use that cash to pay down existing debt? >> there is some thought to that. but i'll tell you the problem with that right now is the debt is so cheap at this point. you can go out, i mean, microsoft went out and raised, i don't remember the exact number, but their debt costs are practically nothing. in a way, there's actually motivation if you really stop to think about it to go out and have more debt, because your cash, you would hope you can get more than 2%, that you're paying on your debt, that you're actually financi

. >> ibm is the grand daddy of tech. and ibm has traded above 120 a couple of times. it hasn't closed above 120. now we find it with a 116 handle, actually down small on the day. we thought it would go to 120. it did. but it bothers me a little bit on a great tape ibm is actually going down. >> if you go back to that chart and you look at how long now it's been holding 120, why aren't the people coming in and selling and saying you know what, ibm's overvalued right here, i want to get out. we're not seeing that reaction. and when some of the money starts to believe in this market with 1,000 on the s&p and the volatility index with 29 just last week, now it's trading 24 and change, you might start to see some of that capital go in. karen last night talked about capital on the sidelines. >> right. >> when does that go in, tim? when does it -- >> i think it's in. i think it's going in. i think we've seen it the start of every month, but i think as the year wears on we're not even in the fourth quarter yet but the anxiety is increasing and i think it's exactly what we're

i say if you want to own hp you should own ibm because these are the guys that were ahead of both of them and in fact this stock at 120 seems to be holding the line, but i do think in dell's case this is a story of possibly too little too late. and the question is about their core business, which is pcs. and if michael dell is overpaying, i think a lot of people are saying, for this deal. this has me very concerned about his core business, which is pcs. >> who do you think is the one we should be owning, karen? >> we own hp. although i agree, i wouldn't own dell here. i think it's a story of too much too little too late. they did pay a lot with interest rates here. i suppose you could say it's accretive. but that doesn't mean they didn't pay a lot in 37-some-odd earnings. i'd rather be in hpq. >> absolutely. the question of course this all raises is what else could dell possibly be buying, especially when it has $11.7 billion in cash on its balance sheet as of the end of july? here's what dell's ceo had to say about the possibility of another purchase. >> we've done about eight acqui

ibm reiterating its 2009 to 2010 profit outlook., we were discussing earlier today that interesting callout of morgan stanley. downgrading the likes of dell, ibm, as well as texas instruments. are you seeing options activity either way here? because it's sort of a mixed message here. >> not really right now, but i think the most interesting part of that call for morgan stanley was with ibm they raised the price target to 145 from 116. it was a significant raise in the target despite the fact that they were looking for more of a market perform rather than an outperform type of performance coming from ibm as well as dell. i think when you're looking at the space right now, it's the gadget space. it's been the gadget space. you look at who is performing right now. it's the chipmakers that provide to the phones as well as the rest of the smart phones. it's palm, research in motion, apple. they are presently dominating the space. >> let's talk about apple. zeke, you have been a fan in the past, would you recommend buying apple ahead of t

ibm, wait until it hits $120.. that will be a significant breakout. microsoft also doing fairly well here today. maria? >> last thursday carroll looked at the stakes in a chinese site. but it appears a lot can change in just a short amount of time. jim bowman on the story now. >> reporter: maria, good afternoon to you. carol bart, she is well known for a hard-earned reputation of being a straight talking, straight shooting kind of executive. asked last week on cnbc's squawk box as an example, whether she would have taken that $40 billion deal from microsoft, she had a question of her own. do you think i'm stupid? well, there was also another topic that was brought up during that interview during yahoo!'s stake in alibaba and what an investment that was for yahoo!. >> my belief is the chinese government is much more interested in media companies being chinese media companies. and so i view this as a way to profit from the china internet market through alibaba. i view it, frankly, as a very good investment for the future.. >> reporter: a very good inves

but i think hewlett-packard works on any type of tape -- >> what do you make of the ibm news? 970 for earnings for the year. the street's at 9.73. >> yeah, it's a bit of a sandbag. yeah, we'll make 9.70. they'll make more than that. i think what's more interesting about ibm something pete and i saukd about it this morning, was one of the shops came out, i think it was morgan stanley, downgraded the stock teek'll weight, meaning equal weight with its peers, but raised their price target to 144, 1450. emb embed within that was morgan stanley saying we're very bullish the overall market because you're saying ibm's going to rally another 15%, 20% from here. >> 30%. that incltrinsically is saying equal weight is up 30%. >> that's bullish for technology. >> it's very bullish for technology. it also makes me think that analysts don't really get it. up 30 is just equal? i don't know. i think up 30%'s pretty good. >> well, that's a weird post-wall street settlement world where you have to do these weird rankings. >> we have to pound the table, accumulate? what was that? strong accumula

and on a downgrade is ibm. morgan stanley is hurting because ibm is still inching higher. 22 of 30 stocks in the dow are trading up. the energy stocks, materials, industrials clearly the leaders. stocks like allegheny and harley. aig a loser, the price target down to $15 per share. that is the huge getback from the stocks closing at 40 on friday. now to scott wapner. >> thanks so much. a pretty good morning for nasdaq. take a look at the names. oracle, intel, google, cisco and ebay. morgan stanley upgraded the hardware enterprise today. they site faster revenue recovery and specifically mentioned names like aletra. sir ra's up. they also raised the price target on apple to 200. they're holding their big event tomorrow as you know and jim goldman will have more in the show on what to expect. they did downgrade dell to equal weight. however, because of the momentum in the market today, dell is ahead and cosco getting a nice bump. shares up 2.5%. the story is all about gold and other commodities, sharon, right? >>

>> they are selling ibm. it's been a safe bet. people use that it cash out their money. exxonmobil has probably done nothing but flat line. a lot of people want to pull their money out of that. and potash, which is very dangerous to wind up going short. that's not going to happen. >> i think the one mistake people are making when you're talking about selling is selling exxonmobil. look what it did last year into january. if you believe there is going to be market uncertainty, here's a great company with the best balance sheet basically in the world that has exposure to energy. i like exxonmobil. >> the problem with exxon is it trades with the market and not with oil. if you think there is going to be uncertainty in the middle east, the whole market will come in and take chevron and exxonmobil. >> i think the mistake is buying a name already up 43 this quarter. >> i love when you do stuff like that. the trader hat. i'm so with you. >>> coming up, nike's earnings and what to do with apple before they launch the iphone. we're talking about china. how can you get your retire

ibm's partnered with the university at albany. their partnership in nano technology is helping students train in industries in which america has the potential to lead. partnering not only with this institution but with businesses throughout the tech valley. and early next year, hudson valley community college state of the art tech smart training facility is set to open side by side with global foundries coming state of the art semiconductor plants. [ applause ] so we know that upstate new york can succeed. just like we know that there are pockets in the midwest that used to be hubs of manufacturing, they're now retooling. they're reinventing themselves. we know that can happen. we know in a global economy where there's no room for error and there's certainly no room for wasted potential, america needs you to succeed. so as we emerge from this current economic crisis, our great challenge will be to ensure that we don't just drift into the future, accepting less for our children, accepting less for america. we have to choose instead

, maybe ibm can. didn't quite make it there, but got awfully close. tire stocks up today. michelle and i were just talking about the fact that the president slapping a 35% tariff on imports of chinese tires. sparking talk of a trade war. didn't amount to much in the overall market. >> there was some criticism whether or not he should be let them involve in the trade. >> i think most people argued that he should.d. there was a lot of talk about that, comments on "ferris buehler's day off," and the 1930s. >>> let's talk more about the president. a merger of sorts between washington and wall street today. president obama spoke to leaders of the financial world at federal hall across the street from the new york stock exchange. nearly 1,000 people showed up on wall street outside in the hopes of getting a glimpse of the president. those in attendance inside were some of the biggest names in the financial industry. there you see paul volcker, the former fed chief, dick parsons, and the former head of the s

ibm, once it hit that critical level, boom, volume picked up and hasn't looked back since then. it scattered across the board here. not like this big sectoral breakout. techs doing well. gold high for a while. gap's been doing great recently. emc following big breakouts in tech stocks like google and apple. take a look at the regional banks here. regions financials, reached a peak in the second quarter. regions bank has been strong since they made those comments. citigroup here, the ceo did come out and say that they expected to vest in smith barney. citi did drift a little lower toward the close. finally, some of the irish banks here. the irish government is proposing a good bank/bad bank idea here. that the big irish banks like allied irish would be contributing toward a fund towards that bad bank aspect of it. those stocks moved up here in the middle of the day. in fact all the irish banks moved up. >> oracle's first quarter earnings are out. let's go to jim goldman to break it all down for us. jim? >> you know, you're looking at an interesting report here from the world's se

ibm has been movinmore heavily into services part of a three legged strategy of hardwar software and services for mo than five ars so again, dell has stucfor a long time with its concentration pcs. at's its heritage and its stuck with it, maybe it needto pick up the pa of change. >> reporter: and suzan, the compies had a conference call for analysts today a most of the quesons were about the price. which as o put it, was certnly no bargain. >> suzanne: let's ta about that, ott, did dell overpay? is are there others out there that could positionly be interested. >> there might have been but perot in effect become dell's service position brings $8 billin annual revenues to the lk and th diversifications the trend in the industry and perohas a lot of clients in the health-care sector. >> so whe is dell tting althis money from? i meane have certainly been hearing about companies that poteially have more cash. they have been squirreling away f things like acquisitions. what is the story dell's case. it just part of this greater trd or is tre someing more specific goinon? >> well, younow i

ibm held steady at number two.rosoft, general electric and nokia rounded out the top five. >>> southwest will stop offering lemons as part of its beverage service and only serve up limes. they are hoping to squeeze out savings by nar rowing options. >>> coming up on "good morning america," the secrets of sleep. golden rules that could help you get a good night's rest. that's on gma. that's your money scope report. i'm vinita nair. >>> 6:21. we are checking out, well, an interesting pattern here. there's a storm stuck down there across the deep south. a frontal boundary that's stalling out to the south and high pressure that's cleared out across the great lakes and trying ever so hard to move across the mid-atlantic seaboard. we still have clouds to deal with this morning. as we watch the big blue h there, usually it's a quiet and pleasant condition. that is something we expect to build in as we head through this afternoon. we go through a cloudy morning to a partly cloudy afternoon. farther north, you are looking f

. >>> coca-cola and ibm retained their spots as the world's two most valuable brands. however, for the first time ever, the combined value of the top 100 brands has fallen thanks to consumers losing trust during the recession. >>> finally, a man hurled thousands of golf balls in a national park all to honor golfers that had passed away. and he has been charged, among other things, abandoning property and littering. park rangers spent 370 hours cleaning up all balls at a cost of $9,000. no good deed goes unpunished. >>> the angels cool off the red sox. and itch row pushes the mariners past the sox. and a textbook lesson on how not to throw out the ceremonial first ball. your early morning sports headlines are straight ahead. >>> and fall is going to have to wait. this feels like summer and it is warm from coast to coast. your regional forecast is coming up. you're watching "early today." >>> goodmorning. i'm keith garvin. >> and i'm barbara harrison. straight ahead on "news 4 today," a police pursuit across state lines ends in a violent crash. the turn of events that le

. >>> big blue, ibm, rose 2%, helping the dow to a 1% higher close, making it eight out of the last nine days on the plus side. >> g.e., the parent company of this network, moved 6% higher, erasing its losses for the entire year. g.e. will hold a meeting this morning to update analysts on the company. >>> december gold futures hit their highest level in a year and a half, closing at $1,020 an ounce. investors sold off the llar and stocked up on the precious metal on hopes of higher wholesale and retail prices in the months ahead. >>> beazer homes got a 14% boost following a report that confidence in the home building industry was up for the third straight month. that sector could see more action today as fresh data on housing starts will be released this morning. >>> oracle may weigh down tech stocks today following its after the bell earnings. the world's number three software maker reported sales below wall street expectations. >>> keep an eye on shares of fedex today. the shipping giant often looked to as an economic bellwether will report quarterly earnings before the bell. >>> final

we keep talking about ge, ibm, caterpillar has had a fabulous week. car max, macy's, stocks that have lagged behind have had interesting weeks overall. i think that's important. homebuilders are doing better. number op analysts come out this week talking agent homebuilders. i know it doesn't seem like things are -- what's missing is volatility. we're not getting any big move in the indices. >> sometimes in the middle of the day you have had that sort of going from 50 to 100. >> have you noticed they keep the market down. they're trying here. they need to try to drop in the first half hour. essentially, every single day if you try to drop the market it's ripped up in the middle of the day. >> do you buy this momentum, forget the reason, a lot of people weren't in the market and they're going to want to get in. and that really could keep us all of the way through the end of the year? >> yeah. the one thing i hear, i was at a meeting of hedge fund traders on monday night. and i've never seen a group that was more cautious and suspicious about the market

ibm came up 117.80 to 117.85. that's older, looks wider. including the one we're in, which ends this month. that's almost -- we only have half of the information for a 9.76 estimate for ibm. the street estimate is $9.76. there's the correct. street is $9.76 for the full year, two quarters left. the company says we see at least $9.70. that would be something i would want to know if i were a shareholder. for the third quarter looking for 237, third quarter 339, all of that adding up to for 2 237, all of that adding up to 976. they say yeah, it's only september and we're going do at least 970. so that's an affirmation of where the street is for ibm and you can see the stock is called up a little. next art cashin is ready for action. he'll set up the weekend ahead. we'll be right back. i've been growing algae for 35 years. most people try to get rid of algae, and we're trying to grow it. the algae are very beautiful. they come in blue or red, golden, green. algae could be converted into biofuels... that we could someday run our cars on. in usin

ibm held steady at number two. microsoft, general electric, and nokia, rounded out the top five. >>> in today's "usa today" tech report, printing without a pc. hewlett-packard is releasing a printer that lets you print things like maps and movie tickets off the web, without using a computer. "usa today's" ed baig has been testing it out. >> overall, the idea here is convenience. not having to connect the printer to a computer. but my guess is most people will still want to do that. one thing that may help is when and if hp puts a web browser in this thing. decent start. but at $400, it's going to be hard to justify for some people. >> interesting, new product, nevertheless. and you can read ed's full review on usatoday.com. >>> coming up, did a coach's actions lead to a player's death on a hot day? the verdict is in. >>> and breathing easier. what doctors found lodged in this man's lung after two years. discover gives you a cash back bonus on every single purchase. what you do with it is up to you. what will you ge

. >> would you rather wofrk for ibm like dad or big ass fans. >> the answer is clear. big ass fans attracts local college graduates and seasoned professionals, creating a diversion and energetic atmosphere. a business that thrives on innovation. >> you have ideas coming from rhett pretty much everywhere, from the line up to the head engineer. it doesn't matter. if it seems valid, we'll give it a shot. >> the done fights don't hurt either. >> friday afternoon at 5:00 it's a war. >> the people at big ass fans take pride in delivering high quality products, something important for a company that could easily be written off as a gimmick. >> what that imposes upon us as a company, very to have the absolute best. >> with a name like big ass fans, you know there has to be serious engineering behind it otherwise it wouldn't make it in the market. >> what does the future hold? terry smith has big plans for his big fans. >> we see a big ass fan in everybody's living room. >> while he's confident the business would have been a success regardless of the name, he has no doubt that

. >> ibm mark with work-force management.i have a question about efca as it may emerge to capitol hill compromise negotiations. do you believe the majority sign of provision will be in the compromise bill and how do you see the arbitration provision chging in a compromise bill? >> i just said to hughes that -- tn you that sometimes our friends feel at bargaining 101. unless you have the ability to deliver a bill with me i don't think i will talk abt where we are willing to compromise and where we are not. ght now the bill says it is a card check bill. we are pushing for that and think we will get a bill passed that will satisfy the three goals i talked to you about. >> we have a question ithe far left over here by the gentleman standing up. can you wait for the microphone? thank you. >> george gould incorporated and i want to identify with a comment that was made and e days when you were president of the mine workers year showed that kind of vision you preference and ability to talk to people who didn't think the need to part

the presidency of the united states and all the scrutiny that brings while carrying on an affair and ibmting a woman and making a sex tape. >> we don't know how much of this is going to be true about the sex tape or what is going to happen with the child, this is allegations by a former aide. >> geraldo: the aide who took the fall. >> that is true. but what i'm saying -- we are saying that again, we have not seen what is going to happen. the grand jury is out. i don't think we should presume anything until we know what comes out. i read today that the young lady testified in front of the grand jury. it would be interesting to see what she said there. having said that what makes anybody's ego do anything, whether they are running for higher office or not. when you are in the public eye 2 just becomes a public story. >> there is a sex tape. ers to want geraldo view ires know that. >> it is all true. you heard it here first. and yew knew this was coming and president obama went on his nonfox all other media blitz today he was peppered with questions about acorn. the group caught on tape adv

ibm was number. two microsoft, general lector, and nokia round out the top five. starting next month, southwest will stop offering lemons and only serve limes. they're hoping to save $100,000. coming up on "good morning america," the secrets of sleep. that is on "good morning america," and that is your "money scope" report. i am vinita nair. >>> 6:00. is your time. >> still to come, a dramatic shift in missile defense. the white house is changing plans. >> later today, oprah is live from new york with david letterman. >>> president obama is changing course on missile defense as a secret report says iran can build a nuclear warhead. >> the president thinks he has a better way. john hendren has details on this plan and the controversy. >> president obama is abandoning a push-era missile -- a bush- era missile defense plan. iran has the ability to make a nuclear bomb. >> they are developing nuclear capacity at a fairly rapid clip. they have been doing so for quite some time. >> instead of focusing long- range missiles, the obama administration is focusing on shorter-

we've been ibm and coke leading the dow right now. wynn resorts is pushing the nasdaq higher. >>> we have an interview you cannot miss. charlie gasparino sitting down with morgan stanley's john mac. we'll find out what's behind his departure and what is next for both mac and morgan. >>> plus, as you can imagine, a somber day on wall street and all across america, eight years ago today, the two planes triking the twin powers, the pentagon and the field in shanksville, pennsylvania, a day we will never forget nor should we. you're looking at a memorial service that has become a tradition in new york city down on ground zero, the remembrance ceremony for the fallen heros. >>> to news, we're getting new details on president obama's speech scheduled for monday in new york city on the economy. john harwood has details right now. >> the president will come on monday. it's so remarkable we have these two anniversaries, just one after the other, the 9/11 attacks, then the financial crisis last year. the president will use the one-year annivers

ibm under selling pressure. qualcomm, oil down as is chevron, weaker by about 1%. the highlights on the upside the financial services, citi, goldman sachs, j.p. morgan higher on the session and a handful of industrial names like boeing and lockheed martin. the dow down 33 points. nasdaq weaker, down .25%. on the nasdaq 2125. >> end of the quarter tomorrow. it has been a great three months. we have been up best since 1998. >> often time we see end of quarter window dressing. s&p down just a fraction. >> it is time for the "fast money" final calls. our next guest says you can make some money in 20 something stocks. what are 20-something stocks. >> the stocks that appeal to the 20-something year-olds. what i'm seeing there is this is a group that does not have the same financial pressures, not they done have any, but they don't have the same financial pressures their parents do. they have more disposable income and very specific places they are putting that money to work. >> take me through them. beer. >> beer. absolutely. you get started in college you keep going aft

with ge and ibm breaking out in the past week, does this subject blue chips are on their way back?ask our bulls. and also our bear, president of leader capital corporation. great to see you here. dan, i'll kick it off with you. our resident bear here -- or bull, forgive me. quite a move here in september this is far. what is this saying to you about blue chips? >> i think what we're seeing is that the september swoon has been washed away with excess cash on the sidelines. frankly, a real change of attitude of people who don't want to be the last man standing on bear island by themselves. it's the fundamentals that have driven this market vant changed. we're seeing nothing that's unusual. analysts overestimated with records to what they felt was going to happen with the earnings and recovery on the downside. now, they're underestimating what we're seeing on the top. but pes have stayed the same. what we're seeing now is a very reasonable case that we're going to see 72 to 75. that's going to put us about 10% potential. >> you say it's an earnings story, but a lot of these companies

the baltimore sun reports that ibm is developing a remote control to let you blog and tweet while watchingelevision. and be sure to catch this week's tweet piece. fringe airs thursday at 9:00 and check out glee friday at nine right here on fox. and you don't want to miss our tweets. fox 45 is on "facebook" and twitter. follow and friend us today. go to foxbaltimore.com and click on find us on "facebook" and twitter, under the community features section. i am judy kurtz and that's tonight's "word on the web". . >> is ra and one dose lasts all month long. fleas are nobody's friends. ask for the vet's #1 choice for dogs and cats-frontline plus. (click) (opera singer sings) (click) (click) (click) excuse me? buitoni? (announcer) take an italian masterpiece home. new from buitoni, wild mushroom agnolotti. simple ingredients, artfully prepared. buitoni. the italian art of food. new, in the refrigerated section. the italian art of food. . >> final look at the seven-day forecast. it will be fabulous out there folks. see very comfortable temperatures. and clear skies for the next several days. 76 d

ibm is number two. the brand known as big blue. ibm has been rolling out lots of new products.ly received 4,000 patents over the past year, more than any other company, on the top 100. and this is the point according to the -- the company that did this survey, interbrand, says you cannot be idle when times are tough. new products keep customers interested and spending, even in a recession. and that is a point well made, because sometimes when you're in a store, whether it's a pharmacy or a supermarket, why is it that you won't go to a generic brand? you'll pay more for -- for, you know, a certain product quite willing to. why is that? >> trust issue. >> that's the power of the brand. >> we talked about the winner. everybody likes a winner. but the reality is some people lost our trust this year, too, right? >> no question about it. you can see a direct correlation to the financial crisis, betty. because the biggest drop in trust came with financial cop companies. merrill lynch, aig, fell off the list. another casualty, automakers. gm and chrysler, not on the list anymore. even

ibm higher as well as fm services. >>> ge had the technical breakout at $15. today to see if it could close above $17. that would be the highest level in shares of our parent company since back in january. maria, the financials are beating the market. five sectors are outperforming in the same time span. we have the scoop on who else is rallying next. please help me welcome a long-time friend of glencoe baseball. a man who played second base here some 45 years ago. actually, 47. ladies and gentlemen, mr. larry mccarthy. amidst today's financial turmoil, our sophisticated wealth transfer strategies... and philanthropic expertise ensure your legacy... is passed on to family or your favorite pastime. ♪ northern trust. wealth management. asset management. asset servicing. >>> getting a check of your widely held stocks. the red hot financial sector has been the place to be the past six months yet the sector's september performance leaves a lot to be desired. matt nesto has more. >> we won't see any foam finger we are number one from the financials. if you look at t

on the technology side, probably if you look at intel, cisco, ibm, ibm's basically should earn $11 last year and trading at about 11 pe. i think i would actually still have son interest, at least through november and some of the on consumer cyclicals. really the best in class. the best buys, the kohl's, the staples, i think those will do well and some of the consumer staples, kellogg and abbott, cvs, are all still good values. >> tommy, thank you. >> thank you. glad to be here. >>> day after global leaders, we are getting a different perspective. >> yeah. the vice chairman, president and chairman of ge is here. we're talking about the future of traditional and alternative energy next. >>> and the next hour, wellpoint ceo and the president's health plan. >>> top energy ceos and world leaders gathering in washington on the agenda, laying out specific strategies for meeting american energy and sustainability challenges. fresh off the summit, ge vice chairman, he joins us now. john, thank you very much for being with us. >> great to be here today. >> is the whole concept for ge, alternative

the ibms and dells, companies get to the point they're not doing capital expenditures. but they either have to or do close up shop. we're going to see some of those companies start to sell and post okay numbers. tech is different than other things. it also represents hope, too. you've got innovations on the horizon. things like motorola. we're all sitting back here hoping this new product is going to be a blockbuster. it very well could be. tech has the interesting element, and we've seen it before in our lifetimes where we can rally this whole sector for years and years based on the hopes in the future. tech is a little bit more layered than the other sectors obviously. >> give me quickly your opinion on palm. reporting after the bell today. it's been really hard for palm to keep up with apple and some of the other smart phone makers. >> maybe from a fundamental standpoint, maybe there's just room at the table for three big dogs in this business. maybe the market's telling us motorola is ready to take over that seat. if you look at palm's charts, it doesn't look good s

. >> ibm e-mail and phone calls every day -- i get e-mail and phone calls every day. friday i got a call from a home school mother who said she has been home schooling for 12 years, and these were the best material she has ever seen. it happens every day. we will help any way we can. if you cannot help us get into stay home and school associations, we would welcome that. >> this is our country, and our kids should know it. they should know the reasons that we love it. when they hear the story, they will love it, too. this is the country in which they will live, though, mary, and raise their families, for 95% of them. this is the country they may be called upon one day to serve and defend. this is the country they may one day be called on and will perhaps be at the brink of the ultimate sacrifice. shouldn't they know if it is worth fighting for? shouldn't they know why it is worth fighting for? thank you very much. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2009] >> here is a look at our schedul

the standouts, walmart, cvs, ibm, weaker, google, ebay. we turn to the fast money final call. gold hitting its highest ever since last year. here is tim seymour. >> hi marie. >> hi, tim, great to see you. talk to me about moving gold. do you want to put new money to work right here? >> you believe it because the reality is that we are actually seeing some price inflation coming through. people know about $2 trillion in monetary stimulus. why is this trade happening now when gold had been a laggard for the first part of this rally? you are getting extraordinary data from around the world. last week pmi numbers around the world. this morning, germany the largest export economy in the world, exports up for the third straight monte. if the world is not as bad as people think it has to tell you there is inflation in the pipeline and people are diversifying in gold. >> mark, what do you think? tell me how you see it. the inflation trade that tim is talking about. money moving into commodities is substantial. >> we are on the other side of it. we see sluggish growth not rapid growth

ibm has been good here. pivoting around that 120 level for quite a while. apple at $185, you know the story about apple. we are at a new high on apple. >> what's technology up year-to-date, about 40%? huge, right. technology is the winner on the year. >> morgan stanley high tech index at 360, it's now 540. 50% gain. >> nasdaq up better than 50%. can technology keep outperforming in the fourth quarter? let's get to the silicon valley bureau chief jim goldman. he's on it. >> good evening to you. you want to know the power of the tech sector. today's trading is a perfect example. the dow starts off higher, plunges deeply and on the strength of companies like intel, oracle, cisco and others, earlier the entire market stages a dramatic comeback. rallies like the one we are seeing today can be fleeting. that can't be said for tech knocks this year. big cap tech can't fall out of favor. as we head to the third quarter season, it seems optimism is gaining momentum. others like google and apple, as well. even though both of those have turned negative. ftn is out wit

we are big believers in salesforce.com, mark benioff's company, ibm's strategy. >> sure. >> you guysould seem to be a kind of a nice derivative play to cloud computing, where you have to have big servers but you don't have to have expensive pcs on your desktop. >> yes, that's exactly right. cloud computing, what it's going to do is increase the amount of outsourced data centers. as you well know, many companies five years ago would want to own their own data center. with cloud computing you can reduce the cost of getting into a data center by having your redundancy in geography rather than having a tr-4 data centers you might have two or three tr-3 data centers. so your cost per megawatt in a data center is going to reduce dramatically. >> i understand at last count you were 48% leased in chicago and 58% leased in virginia. has that started already picking up from those numbers? >> our activity is extremely good in both of our data centers. we will announce our new leasings that have or have not been done on our next earnings call on november 4th. >> can i presume that tlir not worse

intel, ibm and apple both down. that also hurts.gle, you want to participate, they tell me, maria, when the market is rising. >> we've got a flat showing in some of these guys. i understand what you're saying. the beatles rock band, one of the most talked-about video games in years. a look at the impact the game could have on the video game stock, julia. >> well, maria, sales of music video games have really suffered. down by nearly half this year compared to 14% overall decline in video game sales, as cash-strapped consumers have bought add-ons for games they already own instead of going out and buying new games and new controllers. now viacom is turning to the beatles to boost its rock band video game, paying up to $50 million for music rights. it would sell for $60. electronic arts is distributing the game. its opportunity is limited. it's viacom that needs a big hit to justify it. >> it's going to be difficult for viacom to sell enough units in the near term to break even on the franchise, and the investment they've made. so whi

eds for $14 billion, ibm cisco, even oracle and sun. >> the addition of the perot systems capabilities will broaden the -- you know, ability for us to serve a much wider set of customers and certainly we'll take those capabilities to new geographies. so we think it's a very exciting opportunity. it's really all about growth. >> we're going to be a very strong team. we're going to win a lot of business. it's going to be a very exciting time in this next chapter for perot systems and dell. >> yeah. that sound earlier today right here on cnbc's "squawk." there had been talk dell was positions itself to buy palm. with palm's steep run lately, dell releasing its own smart phone in china and having to integrate perot, it appears speculation over that is evapora evaporating. 80% of dell's business comes from corporate clients. this should bolster service business big time. >>> stocks are lower as investors book profits from last week's run up and head to the fed meeting which starts tomorrow. the dow is in negative territory -- that's dell. we're going to show you the dow in a second and let

. >> that in the ibm, he was more interested in cafeteria than computer because you have self-service and you have no waitress like it was oldtj dine in the soviet union. >> he thought it was a more efficient wayo feed workers at the noontime meal, right? they'd be able to eat faster and get back to work. >> when you're looking in the computer you cannot understand. is it computer better than that computer or this computer better than other computer? so here it is very clear. and he liked just to take this examples from everywhere, especially, that he repeated all the time in united states and routinely in the soviet union, americans much ahead of us. we have to learn from them how effectively manage the economy and then after that, we will go forward and we'll send them goodbye from our train. >> was he surprised at the amount of affluence here? did that surprise him or was he -- was he already aware of that. >> of what? >> of the affluence. >> i don't understand the word. >> the widespread of wealth. thatrdinary people had cars and that kind of thing. >> no, no, no. he was not surpr

figuring out can i find the secret file but perhaps this person was a victim of cia drug testing as ibm looking at okay what was the cia drug testing proam and so how is it her revealed, why uld some amerins believe th were victims of it? >> host: let's talk about that more broadly. how are these conspiracy theories promoted and sold? how do they catch on? why do some catch on and not others? do you have a sense whathe fference is? some of the you talk about became widely popular maybe we already talked about a couple of those, and tt others don't? how e they promoted? >>uest: they are promoted by people who want to either sell more books ksell their ideas so there is certnly a logical or economic interest behind many ofhe theorie they catch on if they happen to -- well, if they come outf the period in u.s. history where there are government conspiracies and cover-upso people have a reason to suspect the government and they say if the government was -- weno the government was conspiring here who's to say it's not conspiring in this other a riga, and so the political context has to be ri

ibm, tech stocks, one of the first groups to come off of the lows a little after 10:00 eastern time. they were followed quickly by the financial stocks like american express. now breaking even, about even number of advancing to declining stocks. nasdaq had a great quarter. >> we're hanging on here up .2% both the dow and s&p really on that flat line. talk about some names here. dell still hanging on .6%. research in motion well off highs but still strong. cisco in the overall dow perspective has been a leader of the dow 30. still up 1.8%. for the second day in a row somebody elevated their estimates on yahoo!. up 1.8%. it's been surprising based on the way the trajectory of the day's gone how many 52-week highs we've reached. starting with med ap, they have pulled back. joy global. all dp scripts its 52-week high is 20.32. citrix has pulled back a little less than a quarter. chips are the leadership today. just about every name in positive territory. back to you. >>> the market bouncing back but it is hard to ignore some of the worrisome data. we had plenty of it today. showing the e

apple, new 52-week high, dell, ibm, and microsoft all to the plus side. and it's had a big run.s there still room to go? >> you bet there is. i mean, i am, like many people, in the sector waiting for a little bit of a pullback here. and i think we will get it, judge, at the tail end of this, the third quarter. in other words, i think if you're patient over the next ten days to two weeks, you can get a chance to pick up some of these names a little cheaper. but i don't think they go down much. >> what kind of a pullback are you looking for? >> frankly, i'm just looking for them to pull sideways. >> you just want an opportunity to get in. >> full disclosure, i'm long apple. i like that stock. pete's been on it for a long time. and i like these stocks that are going to be impacted by this upgrade cycle. the upgrade, of course, for microsoft operating system 7. so i like sandisk, for instance, sndk. i would like to buy national semi, but unfortunately the chips have really been hot lately. i'm waiting for a little pullback there. >> national semi will be out with earnings after the

tech titans ibm and microsoft claim the second and third spots. nbc parent ge coming in at number 4. and cell phone maker nokia rounding out the top five most valuable brands. even the world's top brands showing they're not recessionproof, though. the overall value of the top 100 companies came in at $1.15 trillion, down more than 4% from last year. before we go let's take a look at the market as we close out the week. and we see a 2 1/4% gain on the dow for the week, 2 1/2% gain for the s&p 500. this week alone dow industrials capped off the week way gain of 36 points, about 1/3 of 1%, finishing at 9820. nasdaq picked up six points, 2132. and the s&p 500 tonight at 1068 up three points. have a great weekend. i'll see you on monday. here's fm fms right now. >>> the white house economic adviser larry summers says despite signs of growth the administration won't make the mistake of prematurely declaring victory by removing all economic stimulus. >>> ebay ceo john donoho tells cnbc he's confident the $2 billion skype sail will go through even though

look at google, microsoft, ibm. all consolidating, all getting in each other's facing all getting into the cloud computer, software, the guys that are not there are getting into online services. so this is where i think you get excited. because all the bill boys want to get bigger. >> after the bell it reports earnings, high expectations for this stock. one of the stocks today that managed to finish sharply higher. any sort of activity -- >> no doubt they've been coming for quite a while now. this stock has been moving long before today and long before this week. it's just been continued to move higher. we know the analysts continue to move up -- rbc's get a 150 bright target, moved up from 100 to 150. we're talking about extreme levels for some of these names. research in motion. it's going strong. but this stock has made a huge move in front of the earnings. volatility starting to escalate in the front months. tomorrow will be the day where you're going to see, will there be enough of a discrepancy where you can d

and the top two medicines we use for cmotherapy for a advanced stage colinancer or both ibm and cannot not because of health or safety concerns about they are tooxpensive so they make patients recei the medication. we stopped using ten years ago and as a result of he get colon cancer in canada you have a 41% chance of dying in whereas if you get it in the united states to have a 32% chance of dying so that next time you are talking to somebody like your children and they are in favor of health insurance tell them if mom got cancer would you like her to have to wait eight weeks to get radiation because there we not enough machines and doctors to go around because that is the price of what obama is to ring and it's not he will never catch up with a number of doctors because the cost control he is an imposing would reduce the number of doctors and create all durham and longer dels. four years ago tre was on the four week wait for radiation in cada last yr it we up to eight weeks and is getting worse and worse because the number of doctors is going down and down and that is what barack oba