but here is john layfield, fresh from the beach.pple, i know you follow it very closely, are you buying those sky high predictions? >> no, i'm not. i would buy the $700 prediction, i just don't think that apple is any more an innovator. i think they're doing things to increase the value of their existing products, but you know, you lose a guy like steve jobs. tim cook is a great ceo. they have some of the best engineers in the world. you can't replace a steve jobs and you're no longer seeing innovation coming out of apple, you're seeing incremental improvement to existing product. i think it's a great company. i think the recurring revenue streams that they have are fantastic. i would buy at $700, but not a buyer at $1,000. stuart: you'd take 700? i think most people would, too. >> which is still very good. stuart: yes. thanks very much, john. dow is now up 104 points, 105 points. 15-9 is where we are. a couple of individual stocks to look at. american eagle, it's a big loser today. some heavy holiday discounts will cut into its pro

smith, tracy burns, jonas ferris, john layfield and sasha ur. welme to everybody. john. more than 20 fixes so far. is it time to cut the losses and repeal obamacare? >> yeah. thas what anybody would do in business. that's the problem. none of the guys have been in business. we have one of the most unfriendly administrations to business in our history. they continue to overpromise and under deliver on everything fr youan keep your doctor, you n keep your pla we'll have fewer people on january 1 of 2014 covered by insurance than were covered on 2013. president oma ss millio have enrolled. a million have enrolled actually. if y counthat the expanded medicaid they are tryin to pass onto the states which they can't afford there is a reason 35 of 50 states have opted out of the exchanges they can't afford it. it's time to c our sses and do something about health care instead o mandate that the majority of americans do not want. >> john is clear on this. is it worth keeping, sasha? it's almost gutted alread >> it's not gutted. there are a lot of provisions there workg for a gre

. >> okay, let's stay on switter and bring in market watcher john layfield in bermuda.uestion is why, why did twit are catch fire like that? >> i think the only place to make money right now is in the stock market because of rates, because of the tapering policy, and the hottest place in the stock market is technology and twitter is the hottest stock, that's the only thing i can-- >> john, the question is why? is it because people have been on the sidelines for years are getting back in and want a quick move and twitter is a name they recognize, after all, they've got a twitter account? >> yes and twitter is going great things. it's a great company what they're doing with television and live media is phenomenal and it's ground-breaking, but i don't think that justifies a $40 billion valuation. you have to take the valuation away from the company, from the company itself. it's a great company, but a 40 billion dollars valuation? remember, they've only had 500 million in revenue and trading at 80 times revenue right now, compare that to say a time warner which is 38 billi

smith, tracy burns, jonas ferris, john layfield and sasha burns. welcome to everybody. john.