like karen lee. >> i'm never going back to regular cigarettes.rs. >> what do you think about the proposed regulations that are coming out? >> i think they stink. >> why? >> because they're going to condemn people back to cigarettes that are already evaporating. >> but healther doesn't necessarily mean healthy. >> investigating the health implication of e-cigarettes. >> i don't want people to assume, before they know its health effects and potential health effects. >> about to embark on an fda funded study on how segregates. >> what blow out will be what the person who is smoking it is inhails. >> this is a laser foe tom ter. it is a instrument i use to measure the mass of particles that are in the air. so we're at 4 micrograms per cubic meter now. and the moment i start flowing that across the inlet to the particle -- >> 400, wow! >> now we're actually spiking because this thing won't read over 100 milligrams. so we shifted from micrograms to over 100 milligrams. it's a lot of particles. the reason i care about particles is that breathing particl

lee. our traders are tim seymour, steven p. grasso, karen finerman and guy adami. we'll talk to the executive editor of citron research. it is calling for an urgent trading warning. it's sending one stock down 10%. we'll have details coming up. >>> our top story. old tech withers while new tech soars. ibm falling after missing revenue expectations. this while apple, google, amazon, continue to outperform. amazon and google hitting a new high in the session. guy adami, what do you make of this disparity between the old and the new? >> ibm is ibm, specifically. steve has talked about them. the eps, a lot of it was a different tax. their tax bracket got ratcheted down. this is as lousy, i think, a quarter as the lost couple that we've seen, which have been equally lousy. it's a big revenue miss by them. yes, they're moving into the cloud. yes, i think they will be successful at a certain point. but this is a huge company. ibm doesn't turn on a dime. to think it was going to happen on this quarter, to me didn't make sense. >> people are becoming complacent about ibm's

lee. our traders are tim seymour, steven p. grasso, karen finerman and guy adami.ails coming up. >>> our top story. old tech withers while new tech

karen? >> of the big banks, citi i think has the most upside. >> guy? >> might have gotten right on a capitulation. a nice day today. i think there's room on the upside. >> all right. i'm melissa leeorrow at 5:00 for "fast money." "mad money" has a huge lineup. that's coming up right now. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer! welcome to "mad money." welcome to cramerica. my job not only to entertain, but to teach. call me at 1-800-743-cnbc. maybe george michael was right. when he sang