at the high end, estee lauder and loreal, at the midpoint the stock trading at 20.5 times earnings, aunt. there's room for the stock go higher, it would have to spike 7% to catch up with the broader beauty sector and would need to rally more than 20% to have the same valuation as best of breed estee lauder or loreal. as long as they don't price above 19, i think it's worth it to get shares in the ipo, 19 limit. but this is one where you watch and wait to see how much the company can prove after it becomes public. don't need to flip it. here's the bottom line, with the red hot tech ipo with gigamon, it'll come from the first-day rally. try to get your best right now. your best, tomorrow morning, to get a couple of shares, okay. 25 shares. i think coty could have a solid first day. but if it prices more than 50 cents above the expected range, i say take a pass and wait to see if the company can get its act together where it deserves to play in the sail league as estee lauder which is a tall order because it's best of breed and coty just shouldn't trade above the industry gold standard.

there was a tough piece about ronald lauder's management strategy. the occupy movement is moving "the new york times) to cover issues like that. that is important. critical mindedness is also what "venation" is about -- "the nation" is about. >> what single thing has come of of the -- out of the huge wikileaks document that has made a fundamental change in people's lives? >> i think it plays some role in what we're seeing in the era of uprisings. it played a role. we're doing a project of drilling down beyond the headlines. it has played a role in moving people to see some of the backroom dealings of u.s. foreign policy. it has exposed people to think harder. i do think it played a role in leading people in tunisia and egypt to look at some of the cables and see what people already knew in their gut the soccer field in wikileaks about the alliances between u.s. foreign policy with the most repressive elements in those countries. let's hope that changes as the uprisings continue. anytime you can learn more about what is being done in our name, it is c

my name is peter lauder born, i am here to speak on behalf of supervisor mar who is very pleased to nominate kevin dole to this position. what's so great about him, one thing i'll add is he commutes daily from the richmond district all the way out to district 10 and one of -- which is a pretty hefty community. he's spoken so well about an understanding of the city-wide needs and how the bike network really works together. with the richmond, particularly inner richmond bike communities in the city, we're glad to have him helping out and stepping forward. we appreciate your support. thank you. >>> good afternoon, supervisors. my name is ty rob. the reason i'm here is for support of bert hill. bert hill and myself through the pedestrian safety programs i've been in and also with psac, work many years working on joint issues between bicycles and pedestrians, and he's very, very good at this. he can bring people together on both sides of the issue. so, i highly recommend him and also his educational program. ~ he's been doing for years. thank you. >> thank you. any other public comment? seeing no

peter lauder born, again speaking on behalf of supervisor eric mar who is very honored to have the opportunityort the nomination of ms. becky hogue for this seat, the seat currently held by president richard rothman. ms. hogue herself has been a long-term long time respected leader in the richmond district until she recently, we were very upset to have lost her to district 6. but her new home supervisor, supervisor jane kim who is also supporting her candidacy. the work she's done to build the constituency to bring more people to the table is really admirable. we look to her for guidance on a number of issues. so, to see her have that role in a formal capacity on this club would be a great benefit to us, a great benefit to the city. so, we would greatly appreciate the support of this committee. thank you, supervisors. >> okay. any other public comments? seeing none, public comment is now closed. [gavel] >> colleagues, any thoughts besides i would say it's pretty clear that we're going to read back -- read back, is it, is that what she said, read back? pi, pi ra. >>> another figure yet. [speake

i've got something they get their scalp massaged and they get slopped up with $30 a bottle estee lauder shave. >> reporter: this is full service. >> and then they get a hug-- well, they give me a hug. that's what it is. >> thanks a lot, man. i really appreciate it. >> reporter: the hug is actually the payment. the only payment joe requires salvatore is one of his regulars. >> stay as nice as you are. >> reporter: what does he do for you other than make your hair shorter? >> he shows a lot of love for everybody that comes here, not just me but like everybody that's here. he's like a grandparent, almost, to all of us. >> reporter: i heard that same sentiment from everyone. >> he's like family, like a father. >> reporter: including joe. >> they're my family. they really are my family. you should have such a family. >> reporter: that sincerity means the world to his customers. these guys are so used to being avoided, the fact that somebody just touches them-- >> you going to be all right? >> yes. >> reporter: really touches them. the fact that someone cares beyond putting a dollar in a coff

lauder's the most abundant substance in the planet. troutthere is occasional but there is no way we are running out of water. we may need to figure out to get water from where it is to where it needs to be but there is plenty of water. we may have to import water from canada, which holds 20% of the world's fresh water. we may have to rethink how we do storm water management. we may have to say goodbye to minor species of fresh fodder but it-species of freshwater fish -- minor species of freshwater fish. not want tont does give them water. sat -- we the plane may end up paying slightly more. there is water. daily question that remains is whether the environmentalists will allow us to access it. that is eight stability problem. let us talk about population. there are two aspects to this question. first, while environmentalists love -- people take the back seat. tens of millions of subset -- of sub-saharan africans have died from malaria. 8 million children die annually from vitamin a deficiency. now that we have developed biotechnology b

if you look at the competitors like es stay lauder or a vonn. >> they have great businesses but phenomenalrice. this is going to come in cheaper and of the two cheapers ones i'd rather own coaty. >> i'd go the other way on this because avonn to me is a company who has been through their soul searching period. coaty is not there yet. i'm looking for a company that's finding ats place in this market. avonn is a company priced for dead. >> look at that, the horses, the hair. >> look the way coaty stayed on her face as she was riding through the fields. >> again, coaty, we'll bring you the price when we get it. after the break we lay out how to trade violent swings in the yen. later on what name offers three day printing is making good on acquisition promises and has gains of more than 30% since the start of the year, 3 d systems. we'll hear from the company's ceo in a live interview straight ahead. >> everybody has to bring their best information each and every night. the entire trading day is the preparation for the show that night. >> it's all about giving you a framework for how to look at

>> my favorite words are estee lauder. she was 19 years old, her uncle john had this cream.e a cream that can cure your wrinkles. they didn't think they had wrinkles. she said give me five minutes. test my product. if you like this, go tell a friend. >> so she gave it to them for free. such a smart -- >> in this world of internet and lots of stuff going on is it still possible to work it that way on grassroots and -- >> yeah. >> it seems like it would make it easier because of the social networks. >> i think it's reall>Ñy importt to sit down and have a business plan. coming out of the worst recession in 81 years it's so important before you take a leap, before you invest any of your own savings that are probably critical for your urárá down. i ended up writing a 75-page business plan which was the most boring days of my life. >> agree to disagree.f'm >> i think it's important to put a lot of thought in before you jump off the cliff because you want to make sure you know what you're getting into. >> a lot of people want to keep their idea theirs and patent it. is that an impo

otherwise, i would send you to estee lauder. i think that's a better company. go to donald. >> caller: yes. >> go ahead, donald. you've up. >> caller: i had holdings two mon vrts ago for $froith.50 of sears holding venth it's gone down about $12. i still have it. what's your opinion on snit. >> neither here nor there. it's having trouble, walmart is having trouble, why own sears? that's where i come from. dan if connecticut. >> caller: i like to give you a norwalk, connecticut boo-yah to ya. >> i like that. >> caller: one that caught my eye is carmax. >> carmax peas ahead. the stock is running into the quarter. if it goes down on wednesday after the fed speaks, i think you can buy it. not here. it's too close to its high. george in california. >> caller: boo-yah, this is george from the new home of 14ers. and thank you, jim, for all the work. i got pier one. >> i like pier one t. stock is run just like the other one i just mentioned. here's the problem with pier one. they report the week like carmax, when they run the much, again, you run into the possibility t

otherwise, i would send you to estee lauder. i think that's a better company. go to donald in minnesota. >> caller: yes. >> go ahead, donald. you've up. >> caller: i had sears holdings two months ago for $48.50. it's gone down about $12. i still have it. what's your opinion on it? >> neither here nor there. if target's having trouble, walmart is having trouble, why own sears? that's where i come from. dan in connecticut. >> caller: i like to give you a norwalk, connecticut boo-yah to ya. >> i like that. >> caller: one that caught my eye was carmax. >> carmax plays ahead. the stock is running into the quarter. if it goes down on wednesday after the fed speaks, i think you can buy it, but not here. it's too close to its high. george in california. >> caller: boo-yah, this is george from the new home of 49ers. and thank you, jim, for all the work. i got pier one. >> i like pier one. stock is run just like the other one i just mentioned. here's the problem with pier one. they report this week like carmax, when they run this much, again, you run into the possibility

online hate gives some people a sense that violence is not only possible, for somebody to commit, but lauder to. it says to them, you're not crazier, you're right. at the other end of the spectrum but also disturbing are the antiseptember mitt particulars ray sis, homophobic, and other hate-filled rants, some comment sections to main stream news sites, often posted anonymously. during the madoff affair the palm beach post has to close the comment section because of the anti-semitic comments before jews and money were rampant. this week cnn posted a clip of my appearance on youtube, and the comments to that appearance kind of proves our point. for most of us, hate speech is the equivalent or at most is online pollution. but it's common and you pick quick to us appearance gives some the impression that opinions are acceptable and we are especially worried about the effect of that on vulnerable children. from what we call cloaked web sites, supposedly has historical information about martin luther king but is actually lie is, and online games that attack -- kids are at risk because of online ha

composition has changed at avon which is a key competitor for coty and the multiples include estee lauderhe best operator. >> well, looking at a it yesterday in a flat tape down almost a full point, .75 of a point, a nd we will keep an eye into names in the space, and this is the biggest consumer products ipo of the year. >> and this is with the fiscal year ended june 30th, anding out the one-time items profit of $350 million, and in 2011, it was $60 million on $4 million investment. this is a fundamental consumer products company. is it going to have the kind of story and earnings trajectory that earnings investors like. >> well, they will try to sell a growth story when it comes to the developing markets. i want to point out safeway here, because we have not talked about it this morning, and sorry about that, and let us tell you why it is up, and up sharply. they do sell their canadian operations for $4.9 billion for cash to empire company. that is the parent of canada's second largest grocery chain. you can see that safeway's shares are dramatically higher this morning on the fairly la

located just off central bank across from the plaza hotel and its top tenants include fao swartz, estee laudera is down sharply. catch the latest on the turkish situation at cnbc.com. >>> also, from gre-xit to gre-corery. find out why it's slimmer than ever. >>> plus, with multiple investment banks signaling the end of the commodity super cycle, a world bank director has warned developing countries that have benefited from the search to prepare for a crash. >>> still to come, u.s. market books take a break out of a recent fund can resume their winning ways after posting back to back weekly losses. we preview the trading week ahead when we come back. snoor. snoor. >> ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. we went out and asked people

avon and estee lauder would be a competitor. i like it because it is cheaper than the competition.t and >> let's talk about what's going on with foreclosures. i don't think a lot of us even thought that more foreclosures would come out of rising home prices. >> this as a shadow of inventory of how much of the bank's own. banks have all lot of properties. now that real-estate continues to hit highs and get great year over year, month to month and ordered a quarter. banks are starting to dump some of the products. they've gone to the legal issues sell their requirements are little better known to know what you have to do to get through a foreclosure. banks are lightening up their liabilities by dumping some of these on the market. from investors and board, i love this story. from a social standpoint, i feel like they're taking advantage of a good situation. >> apple, the think it will be coming out with different types of eye phones? >> they say that age should tell the allies are that age can keep secrets. to many people phones on manufacturing lines. we're looking at two things fro

. >> yes, competing with the likes of estee lauder and avon, of course.he bid for avon, and they did plant the name in our heads and helped at least in terms of the publicity, but they wanted to try to go public last summer, i think. it has been a while. it will be interesting, because half of the business, carl, from europe. >> and it has been bad. been bad, weak. >> and it is a selling shareholder here for cote and they are not using the money to use, but it is the family behind ben kaiser to use. >> they did d.e. master blend, and loreal, and others, but it is not best of breed. when you look at the market, where are the sellers from yesterday? what did they do, david? stay up too late to watch the game? the game was a given. >> remember that movie "50 first dates" with drew barrymore and adam sandler, and no memory everyday, and no short term institutional memory. >> i am trying to remember what we hated yesterday and what bothered us? do you remember? >> dollar strength, and e.m. not doing well, and japan, and the whole thing about the 10-year, but i