i'm actually a paying user of linkedin, and i have noticed -- >> you pay to use linkedin? you pay to use something on the internet? >> i am. i also noticed they are aggressively trying to figure out how to monetize the platform, monetize users. offering free advertising -- first-round advertising, get out in front of your customers. figuring out how to make money on this thing. this is a company that did $189 million in revenues in the last reported quarter. trading at a valuation of $11 billion. that is just an astronomical valuation. a lot of people look to things like p.e. these are hope stocks. looking at names and what is the future bring? in my view, a combination of a limited float and that hope, which has been dashed by the zyngas and facebooks of the world, not a promising recipe. >> clearly mike is bearish. we use a structure a lot. good to review the playbook. a bearish strategy, buy one put. sell a lower strike put to reduce costs. how do you make money? want that stock to fall to a short put strike. that's where you make the most money. also where profits are

you think of linkedin.k of enhancing your personal life, you go to facebook. >> great cover story a couple weeks ago about linkedin. did not know they were so big into the seat licensing business, 8,000 bucks for recruiters. it was more of a sales company than technology company. if that's the case, why do we value them at 50 times earnings, as you do and $135 price target? >> the valuation is definitely stretched on linkedin, but one of those companies you can afford to pay a premium for. they have several products on the horizon that could add a lot to the size of the company today. they have done a really good job of productizing ideas that leverage the member base. the salesforce navigator just on the horizon but not big in the numbers yet but a way to allow sales people to leverage their linked in network to generate more sales leads and could be a big business for linkedin. >> $135 target at a buy. thanks. >>> now, to jackie deangelis. >> thanks. one you will appreciate, herb, i'm not so sure. looking

i do not know if the interns in this room have linkedin profiles. i would strongly encourage you to develop one. some students do not come from families where parents have gone to college. they tend to be in different networks. if you ask people who are not in the military, if they know anybody in the military, the answer is they do not. it is a huge problem that those sectors are so separate. one of the great things about linkedin is that you will be connected to an extraordinary network. i want to comment on the idea of a skills gap. this is a huge problem. i know you are facing this. there are 3.7 million jobs available in the u.s. right now. whenever we can do to support the efforts -- the idea of investing more into jobs training, or supporting these jobs training programs, we want to be part of that. we have a unique position. we are spending more time looking at that mismatch of skills. what did that skills gap look like? how big is the gap? is it just the six week course? or is the gap larger the amount? we are having geographic and job func

linkedin also feeling the pain. investors wanted to believe this was the next growth area, that this would restore investor confidence in the market and get investors back in. now what do we have? >> i think we have something to steve's point, you know, for every sirius that's a $2 stock, you also have apple that the stock has exploded. i put facebook more in an apple camp. >> all right. coming up next, we don't monitor the after hours action. plus, it's a strategy warren buffett wishes he could get in on. up next, we'll talk to an investor making money by actually doing it. what is it? we'll tell you after this. my volt is the best vehicle i've ever driven. i bought the car because of its efficiency. i bought the car because i could eliminate gas from my budget. i don't spend money on gasoline. it's been 4,000 miles since my last trip to the gas station. it's pretty great. i get a bunch of kids waving at me... giving me the thumbs up. it's always a gratifying experience. it makes me feel good about my car. i absolu

by the way, i pay for linkedin.g. >> vera bradley, small stock, down big time. >> i'm talking about this company for a long time with the inventory. >> yep. >> searching around today. why's the stock down? even the bears don't know but there was one thing people did find and that was a blog. it's called oh my vera.com and on there people are actually talking on there they're concerned about the new patterns, the higher prices. and that seems to be something that people are chattering about right now and a company like that so thinly traded. >> then please tweet us, e-mail us. help us out here. underarmour, also, underwater. >> it's down a little bit and wondering why. let's remember something. on june 22nd or actually about two or three weeks ago the company announced a two for one stock split. if it continues to go the direction it is going the stock will be where the split was supposed to be where the stock gets there by way of the split. >> we have got a perennial or herb's and it is -- >> which one? navistar. th

job market internally linkedin fears are sliding off.s for the short time i like linkedin shares, for the long term i liked facebook shares. >>mark: and the company can seem to jump into any other market right now. >>mark: you can catch the problem with us every morning at 4:00 p.m. - 9 3:00 p.m.. >>jaqueline: here is a live look outside from the mt. tam camera. clear skies. it said a while but the fog has finally cleared. here is a look at the satellite myriad xi a couple of places still cloudy conditions. cool lurked near the coast line because of a fog. it was a pretty warm day. 87 concord, taught in antioch. in the northeast temperatures also warmer. in the south bay temperatures in the upper seventies. we are in for a big one of over the next couple of days. last fall overnight blocked temperatures much warmer tomorrow. we're looking at '80s and '90s for much of the bay area. as the head into wednesday the warming trend will continue. thoughtful did succeed in a number of places. temperatures how late heehaw at sign of the human val

they think it's good for facebook and off the highs and link ee eed linkedin off the lows and reportsgeable you are, these are hard core fans. >> not even on facebook. i'm an oldie. >> most people want their own stuff and their own people taking a look at financials there. it's a real backlash for the company maybe if it happens and i think the financials, you t k talked about it. >> okay. thanks so much for that. let's head to the nasdaq. seema? >> tech stocks following the broader market moving lower. nasdaq down as you guys are mentioning. i have to mention facebook, as well. that's outperforming here. reaching a settlement with yahoo! to expand the partnership with the firm and reports that facebook may be launching a jobs posting board which will be a direct threat to linkedin and that's why shares are under pressure. dollar tree also trading in negative territory, as well. morgan stanley downgrading it to underweight and the stock has been on a tear up around 50% over the past year. lastly, mandy, let's talk bio tech for a second. strong sales of the ms drug and in response, jef

linkedin? monster worldwide? now the payoff. lin linkedin which has shot up more than 60% year to date. >>> in the tech world you may have noticed that the tablet wars are really heating up. >> apple's upcoming tablet will make up to 20% of total ipad sales in the december quarter. he also said that the smaller ipad will start $299. heating up with amazon and barnes & & noble which both off tablets around the similar price point. quick take of -- social media stocks. circulating facebook may launch a job posting site that could compete with linkedin. looking at the dismal jobs support. facebook thinking could be a lucrative opportunity for the firm. >> thank you very much for that. >> 20 minutes left. let's get you a quick market check on the mass dakota. composite on pace for the worst two session losing streak in 2 1/2 weeks. don't cry too much. down nine points now. just off the lows of the session. down as many as 18 at the low of the day. meanwhile, volatility index up as markets fret about corporate earnings and global eco

you can follow mark on facebook, twitter and linkedin. >>> when you see the wound, you will wonder how this man survived. that's a knife blade right there embedded in his neck. we will tell you how it got there and how lucky he is to be alive. >>> a massachusetts prison guard is lucky to be alive today. he is recovering after an inmate stabbed him in the neck with a home played knife. inmates call it a shank. look at the x-ray right there. doctors say the blade barely missed his spinal cord by a half cent meter. the surgery to remove the knife took six hours. he and two other unarmed guards were monitoring 93 inmates when he was shanked. >>> in a terrifying car crash in new jersey, captured by traffic cameras, set up to actually catch people who run red lights. the car driving towards the camera does just that as you are about to see. after running the light, hitting another car, then going airborne then crashing into that median. and you will see it again. the driver suffered minor injuries and was arrested for drunk driving. fortunately no one was hurt. officials released the video t

, linkedin stock closed down six points yesterday to $102 after reports last week facebook was planningch a job board sometime this summer facebook has yet to comment the move to spell direct competition for linkedin. >>> officials plan to increase patrols and take other steps to keep metal thieves from the metal bleachers soccer goals and other items are attracting criminals looking (z -- [ inaudible ] >> that's really bad all this stuff right here is for the community. i live a couple blocks away. i used to work on geneva this place used to be horrible. >> rec and parks crews have covered bolts with glue to make it harder to dismantle. the board of supervisors intends to increase budget for officers for the coming year. >>> sidewalks and bike paths around your kids' schools may be safer. caltrans awarding 49 million dollars to fund road safety improvements near school campuses throughout the state. through the safe routes program in bay area, alameda county will get more than two million dollars. contra costa more than a million. santa clara $800,000. palo alto will receive nearly hal

i do not want to give up my linkedin and account.why i liked linkedin and share prices and i like facebook tenures and now. linkedin this makes money by selling postings. >> as businesses try to get >>darya: were going to georgia for a hot spot. >> we have a hot spot in the full force and how the south bay. it is on highway 85 near mt. view pit there's been two separate accidents. the first one is near fremont. in the lane is blocked. that there is another one right here. subway delays black at about 8-12 minutes you that drive time if your coming at saratoga to madame de appeared and are connected with 85 north it the commit to the need has not been too bad. the rest of 280 and 17 and 85 all look good. a final bridge to check will go first to the bay bridge. there is no backup and of the liberian and let's take a look at the san mateo bridge pit the light conditions with a 12 minute drive time. and the golden gate creek bridge ride when a once southbound isn't currently from a drive time from nevada to the golden gate bridge at 25 m

twitter and linkedin disapoaptd users with below average scores.gle plus tied with wikipedia, tying for the number one spot. the social media site scored a 78% customer satisfaction rate. google plus, like facebook links users and link content through search and g mail. users are pleased with the mobile apps and lack of ads. google plus users may be happier but they're still far outnumbered by facebook's more than 900 million users. >> take a look at the downtown shot. the heat and humidity combined. we have our heat indices runs in the 100 mark. we had temperatures in bell hair right around 99 degrees. we'll shoot it out toward frederick, same deal, ton of sunshine this afternoon, a little bit of a breeze but that didn't help much. temperatures in frederick hit 99. shore front we had a good crowd, showing mostly sunny skies and no sea breeze. so it was well into the 90s. 100 degrees in the city. frederick, we mentioned, 99 degrees, eastern shore numbers between 95 to 98. the heat, the humidity producing these heat indices around 104. 103 in dover.

linkedin i don't know what kind of track record they have. they are doing okay. it's i wanting more puts traded than calls in all of these names. >> google is higher. it deserves to be higher. they are growing at 20%. trading less than 13 times the earning if you back the cash out. we can't paint all of technology with the same broad brush. >> some of the more defensive technology stocks are doing better. a lot of cash in their balance sheets. maybe not in earnings but shareholder appreciation amazon does have that track record. what do facebook's results mean for other social media stocks and specifically linked in. they report earnings next week on thursday. what do you think, mike? >> i'm not a fan. i got to tell you. i've mention this before, i'm a paying user of linked in and i've noticed as a user of linked in they have been very aggressive -- >> you pay to use linked in. you pay to use something on the internet? >> i've noticed they are very aggressively trying to figure out how to monetize that platform. they are offering free advertising to people who us

. >>> speaking of twitter, it looks like it's set for a breakup with linkedin.ore on that story when we come back. ♪ ♪ ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. great! tyler here will show you everything. check out our new mobile app. now you can use your phone to scan your car's vin or take a picture of your license. it's an easy way to start a quote. watch this -- flo, can i see your license? no. well, all right. thanks. okay, here we go. whoa! no one said "cheese." progressive mobile -- insurance has never been easier. get a free quote today. >>> welcome back to >>> welcome back to the program this morning and let's check the headlines. germany's manufacturing sector shrunk at the fastest pace in three years in june. asian manufacturers is falling overseas demand drags activity to multimonth lows. >>> the chairman of barclays pays for the scandal saying the buck stops with him for the devastating blow to the bank's reputation. >>> nea

we have someone from linkedin, someone from facebook. we have glenn harvey from west egg. alexis hunter, are in turn, is right there. rahm and richards is at the end of the table, with internships.com. another wonderful in turn is there from jawbone. a b is there from match bridge. david chiu from starbucks is here. kim winston, also from starbucks, is back there. david gobot from backtowork.us is there. betsy from youthworks is here. she is with - not giovanni. yes, with giovanni. andrew is here as well. that was pretty good. i did not see john. john did not make it. deputy alvarez from goodwill industries is here. knesha is to her left. as is monisha and chris, two more interns. this is someone from the department of youth and families. rhonda simmons, our director of work-force development, is also here with us. i did see a trend more -- see trent moore, phil ginsperbg, the direct picture of reparations and parks -- the director of rec and park. i do not see tony whitaker. jason eliot is in the back, from the mayor's office. the education and family services member is h

. >> first time linkedin announced and the only analogous space in the name right now. down 30% over the next 5 days. it could move a ton more than expected. >> does the implied move suggest people really don't know what will happen? >> very likely to underperform that implied move. here have you a situation, where, again, not about earnings, really about what the long-term, you know, growth for this company looks like. i don't think people will make their mind up next week. >> a trade ahead of the report? >> i do, largely with a couple of factors. i want to sell that, but i want to set up in august where imply vol is a little lower, and this is the hook, people. they have an early lookup expiration. august 16th. basically unlocking 200 plus million shares. they did the ipo in mid may. 400 million shares, okay? to me, this is a tremendous opportunity for a massive overhang, and i want to do a calendar spread. >> a calendar spread? >> a calendar spread. here is the trade. die this today when the stock was around $29. i actual bought the july weekly. next week expiration.

vijayendran's photo on her lin s ed -- linkedin page. for now, live in san jose, nbc bay area news. >>> new at 5:00, how would you handle this situation? a 12-year-old girl is in the headlines for how she handled thieves? the burglars struck in the middle of the afternoon while she was inside. she remained calm. and it is perhaps because thought of that she can share her story. nbc bay area's chris sanchez joins us in freemont, how is the little girl doing? >> she is doing well. very brave. what matters not who she is or where she lives but how she managed to stay so calm. >> i heard banging on the front door. and they were ringing the doorbell. so i checked from the window who it was. and -- it was -- i saw a lady there. but i didn't know her, so i didn't want to open the door. >> 12-year-old tonya heard his chime. that only happens when someone opens a door or window in her home and says sheep was t was t one there and suspected something was terribly wrong. >> i wasn't sure if my mom came home early. i quickly called my mom. she said

with the earth's rotation, and that change tripped up several websites, including readit, yelp, and linkedin>> the dodgers snap a seven-game skid and tiger woods makes history. plus, a heartbreaking fall for one five-time olympic medalist. your "first look" at sports is straight ahead. you're watching "first look" on msnbc. i love how clean my mouth is now. but why doesn't it last? well, plaque quickly starts to grow back. [ dr. rahmany ] introducing crest pro-health clinical rinse. it actually keeps your teeth 91% clean of plaque even at 2 months after a dental visit. new crest pro-health clinical rinse. like a ramen noodle- every-night budget. she thought allstate car insurance was out of her reach. until she heard about the value plan. see how much you could save with allstate. are you in good hands? >>> welcome back to "first look." i'm veronica de la cruz. in sports yesterday, major league baseball announced the starting rosters for this year's all-star teams. here's nbc's mario solis. >> good morning. baseball fans voted, and a record 11 million chose josh hamilton. the slugger was amo

-- how is linkedin, thinking about this? >> we are hiring 174 in terms this summer. thank god i am not looking for a job right now. i would not get a job, competing with you guys. [laughter] we also have a student jobs center, where we allow any corporation to post a summer internship or entry-level job for free. that is a huge place for that is a huge place for students to come and find

. >> are you on linkedin? >> yes, actually. and i'm networking. >> a lot better than what we've got. >> so here he is yucking it up with people who are out of work, and he is worth well over a quarter billion. back in april, when romney visited a small town in pennsylvania, he was less than thrilled with the cookies he was served. believe it or not, cookies, didn't like them. let's listen. >> i'm not sure about these cookies. they don't look like you made them. did you make those cookies? you didn't, did you. no, they came from the local -- >> bakery. >> 7-eleven or bakery or wherever. >> the cookies were the homemade pride of the local bakery. why does he keep saying things like this? i want to start with scott on this. i don't think that these are ultimately the most important things in the world except it goes on and on. the guy is from another planet, he will have these problems. but this guy is running for president here and talks like he is from another planet. that's odd. >> this has been going on for years. when you wer

linkedin, i want to report on how they're trading.d f it's successful, linkedin definitely feeling some pressure because some investors think if facebook goes in big, linkedin could get hurt big. >>> rick santelli is at the cme group in chicago. talking about the incredible low rates. rick, take over. >> indeed incredible low rates. but exactly how ten-year safe harbor bunds are stacking up to treasuries, well, the premium and the premium goes in favor of the u.s., seems to be getting wider. if you look at a chart from mid june, you could clearly see that rates in the u.s. are holding up a little bit more than the bund rates. but it wasn't like that at the beginning of the month where everybody was very, very nervous that bund rates were going to reverse and leave the only safe harbor here in the u.s. that difference is slightly more than 20 basis points f. we look at our ten-year specifically, part of that spread is us because we have broken out of a range. you see that left side of the chart, that was the last unemployment number. s

hackers have tollen breached formspring and linkedin accounts as well. >>> it's about as fresh as you can get. have you noticed? >> they just don't seem to keep so long. here's some advice on how to prolong our produce. >> because we're all doing stuff wrong. properly storing your produce will help them stay looking good enough to eat. the u.s. department of agriculture shared with us ways to keep them. >> blueberry and blackberry. >> reporter: the farmers market, a sure sign of summer, and abundance of fresh produce with colors and smells of the season. produce from the farmers market is local and fresh, but it doesn't last forever. >> basically pick what you can use within the next few days. >> reporter: janet with the usda knows how to keep your proehl produce keeping it -- >> the berries are the most perishable. in fact when you're selecting, you want to look under each one, because there's likely to be mold if they've been an for any los angeles of time at all. when you bring them home, immediately put them in the friday rater. when you're ready to eat, watch and serve. >> washin

linkedin, buy it. >> >>> i'm jim cramer. welcome to my world. >> you need to get in the game! >> he's going to go out of business and they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money." other people want to make friends, i want to save you a little money. my name is not to entertain you, it's to help you make money. we live in a corporate era. it's the best of times for corporate america and it's the worst of times for corporate america. unfortunately it's more worst of times than best of times, like today where the average fell for the fifth straight day, the s&p losing a half percent and the nasdaq giving up three-quarters of a percent. in this stock market we do have a belief, a spring of hope when the averages are still rallying and now we're faced with the winter of despair! >> the house of pain! >> shortfalls, fiscal cliffs, chinese hard landings and european death rattles. each day the best and worst play out. though the overall averages have be

at some point they will all bleed together. >> yes. >> still to come, one of linkedin's cofounders onandscape extending his reach into the space. one more look at this morning's s&p 500 losers. by the way, almost all of the top ten gainers on the s&p today are retailers. back in a moment. ♪ [ male announcer ] this is our beach. ♪ this is our pool. ♪ our fireworks. ♪ and our slip and slide. you have your idea of summer fun, and we have ours. now during the summer event get an exceptionally engineered mercedes-benz for an exceptional price. but hurry, this offer ends july 31st. >>> dow down 73. not what you would expect when three big central banks are cutting rates. only a few stocks are positive. among them, mcdonald's, alcoa, home depot. the rest at this stage are negative. of course leading up to tomorrow's big jobs number 8:30 a.m. eastern time. >> meantime let's hit some of the morning stocks to watch. auto nation reporting new vehicle sales increasing 38% in june compared to the same month last year. regal entertainment. blackstone upgraded to outperform. the stock is up barely h

endorsed romney back in december with the same bubbling enthusiasm that most people show in accepting a linkedint. then he added, i'll say this, "romney looks like a president." let's be honest, he looks like he should be in an outdoor bathtub on the set of a cialis commercial. what does that mean he doesn't look like a president? you know who doesn't look like a president? this guy. looks like a buggy driver. looks like the kind of guy that would do homework on the back of a shovel. and use that shovel to kill vampires with. mitt romney can't seem to get enthusiasm going. from his fellow republicans. george bush sr. said he likes romney now that perry is out of the race. rick santorum endorsed him 17 paragraphs into a late-night e-mail. even his own wife gave him only three stars on yelp. the important thing is, he looks like a president. hey, here's something that looked like a reality show. we have a new show here on abc call "the glass house." it's 14 contestants competing for $250,000 living in a glass house wired with cameras. we're finally going after the much sought-after peeping tom her

take a look at shares of linkedin. last week the report of facebook to add some sort of jobs board, the stock beat up and analysts coming out in support of it. today channel checks say that things are strong with the jobs board and a few days before that, maintained by others. back to you. >> all right. thanks very much. >>> look at this. super value. this stock is down, down about -- wiped out by about half earlier today. down 49.3%. an all-time low. company considering selling all or part of the business. struggling to pay off debt. loaded the company up with debt. terrible credit rating. reported a big drop in earnings. name it, it's going wrong for supervalu. >> really dragging down safe-way, as well. so how about some booze, guys? constellation brands up about 4.5%. ubs said dekreent the recent run-up, more upside is near. >>> and one more sunshine gem for you before you go. check out the biggest pink diamond ever. found in my beautiful home country of australia. it is the argyle pink jubilee diamond and found in

also reports about job post site weighing on linkedin. all in all decent day for facebook. >> very decent day. in fact, the last few -- four of the last five days you've seen good upside call buying. today, judge, we saw people taking profits on the near-term call bets they sold out of 31 calls, for instance, that more than doubled in the last -- since the last trading day. and they rolled up to the august calls. that's a bet stock keeps going on this trajectory and gets back to the ipo old price. >> wouldn't that be a miracle, huh, doc? >> that would be. a lot of people happy about that. now that i'm chasing it with them, i'd be happy, too. >> a program note, citi's mark ma haney, speaking publicly about the stock since its coverage. you don't want to miss the conversation tomorrow on "halftime." alcoa will kick off earnings season today. investors monitoring aluminum giant for signs the european debt crisis and global contraction will dent corporate profits. medalist -- metal and mining analyst joins us. we'll give you a gold medal, wha

managing to attract so much, linkedin opened in the city and it managed to retain twitter and zenga.rom at palo alto. you have to tip your hat to san francisco mayor ed lee. his efforts back bid big money from tech angel investors have turned san francisco which has never been known as a business friendly city, back into a high tech magnet wall street worried after friday's jobs report showed us to be stuck in neutral. and there is concern that european leaders aren't moving fast enough to contain the crisis in the eu. i can tell you my boys bought $7 sodas in paris but to no avail. >> how nice. >> soda tastes better in europe. because you're in europe. >> there you go. let's look at our forecast here with meteorologist christina loren. >> good morning to you. if you're looking for hot weather we've got that by this afternoon temperatures climbing into mid-80s inland by noon 91 degrees at 5:00 p.m. let's check your drive. >> look to the south bay. i told you there were no incidents, then i get back to my desk, two incidents. 280, no slowing but the accident just happened. this is nor

if facebook starts a jobs board won't just impact linkedin but also monster worldwide. >> all right. very quickly. quest core farms soaring again. they have one drug. i guess preliminary estimates look strong. the stock just soared over the past year. trying to find something under the radar names. >> lots of controversy around that name, yes. >> we're finally getting a break from the heat that's gripped much of the country. it is a brutal couple of weeks. i was in morn wisconsin where it topped 100 degrees. we broke records more than 2,000 records around the country. but for farmers in the heartland the danger is not over for their crops yet and they're desperate for rain. john yang is at a farm in southern illinois. john? >> reporter: brian, take a look at this cornfield. these corn plants should be about eight feet high right now. they barely come up to my waist. see the brown sort of seared leaves. this is the plants burning themselves out trying to produce something. and so far, this is about all they can produce. those that can, just little ears like this. very little pollinati

li linkedin was hacked a month ago. don't use the same password multiple places.n though this attack wasn't all that terrible, if they got your password and you use it at your bank and believe me, someone's trying, that would be terrible. overall for yahoo! not good news for this company that didn't need any more problems. we've heard a lot about this. if you have the same password or easy one, change it. let's move onto the story i really love for this segment, turning an iphone case into a stun gun. apparently this army reservist has done just that. what has he come up with? >> apparently, he was attacked in his phone and thought the solution was to convert the iphone into a taser, stun gun. he's trying to raise money on a crowd fund iing site. it's not doing that great. he has $12,000 in 13 days and his funding request is 100 grand. he'll get to keep -- the rules are different. he'll get to keep the money that gets pledged to him. he will fill these orders. we talk about, there's an app for that and now a cover for this, i guess. >> i guess. i wonder if the com

books by a theologian, one only and that the greatest speech, about his second inaugural, -- one on linkedin's greatest speech, and one as president, and one called cooper union. if you want to understand being persuasive and you want to see a cultural fight, studied abraham lincoln. abraham lincoln in 1850's, there is a very unformed argument in 1850's. should slaby allowed to expand, does it matter? -- should slavery be allowed to expand? you have in abraham lincoln's somebody who is very carefully moving public opinion extraordinary -- in an extraordinarily well thought- out way and it all blows up in his face and you end up in a war. and he then has to mobilize and sustain the north, despite huge casualties. we lose more people between the north and south combined in the civil war and then all of the other wars combined. and from a much smaller population base. if you read abraham lincoln's gettysburg address, it is a campaign document. no president has been reelected since andrew johnson -- and dejection -- andrew jackson in 1832. the gettysburg address we looked at as a historic, cultura

every company in the world on the internet now leverages social networking, facebook or twitter or linkedinated depends on that capability. who else will deliver it? >> right. what about going public at all? there are other companies considering going the public route. you argue in this open letter there are other places that you can find that funding. that there's in essence no reason to go public anymore. >> it's not important to go public. in fact, going public i have written many times to the detriment of the long-term vision of the company and the market. you have second market with liquid tan the goal for liquidity to be a pressure release valve to let out some of their shareholders that have been involved for many, many years and should be rewarded or the employees so use that mechanism, that second mart has, to relieve that pressure, the company can stay private a lot longer. and i -- you know, because of theglobe.com experience, i experienced that double-edged sword going public raised a ton of capital. we set a stock market record. got a huge amount of publicity. drove traffic. th

. >> are you on linkedin? >> yes, actually. networking. >> a lot better than what we've got. >> so here he is yukking it up with people who are out of work, and he is worth well over a quarter billion. back in april, when romney visited a small town in pennsylvania, he was less than thrilled with the cookies he was served. believe it or not, cookies, didn't like them. let's listen. >> i'm not sure about these cookies. they don't look like you made them. did you make those cookies? you didn't, did you. no, they came from the local -- >> bakery. >> 7-eleven or bakery or wherever. >> the cookies were the homemade pride of the local bakery. why does he keep saying things like? this? i want to start with scott on this. i don't think that these are ultimately the most important things in the world except it guess on and on. the guy is from another planet, he will have these problems. but this guy is running for president here and talks like he is from another planet. that's odd. >> this has been going on for years. when you were play

i think social media is faddish and linkedin seems to be doing well capitalizing. facebook i'm not concerned about zuckerberg showing up or not. i don't own the stock -- >> that's why you don't care because have no skin in the game. >> if i did own the stock that may be what i expect because you have to buy into him in order to own it and if that's who he is, there's no surprise there. >> stephanie what do you do with facebook? >> it's down in the earnings so you have lower expectations but i think they have to deliver on their mobile strategy, that's what everybody wants to know. zuckerberg could be on the call, that's great. if he's not on the call that's great. you have to talk about fundamentals and how they make money by monetizing globalization. we don't have a strategy there yet. >> there are questions about advertising on facebook, how the major companies feel about spending money to advertise on facebook, revenue growth questions, lockup issues investors have to be concerned about as well. so many different issues. >> the stock is down and i said 28 to 30,

the board behind us says linkedin. it's the winner of this season. >> the winner from the ipo.n. >> fabulous. >> all right, let's move on. valero. >> they said we can't take it anymore. they're splitting up. >> humana missed medical losses here. what a shame. the best hmo. >> deutsche bank said it's time to sell. >> dendreon. sales that not good. >> masco. >> a really bad quarter. i didn't like the quarter, though. >> that water polo that carl talked to yes, he liked masco. >> seagate. >> did not see the strength that western digital saw. good dividends. don't write it off. >> humana, i didn't notice that it was down that sharply. again, we have wellpoint last week which was bad. >> and equity was good this morning. humana has been the most consistent one. i would love to talk to the ceo, it's a good company. this is competition for the first time in hmos. >> i don't know. but it's definitely something worth watching. of course something worth watching is "mad money." >> i'm talking a about the food chain, it's going to bring big inflation in the fall. i'm staying focused. corn

san francisco's linkedin admitted millions of passwords have been stolen from its website.ften. >> 8:45. the los angeles times reports the board of directors will give it to ross levenson, expect today be named the chief executive officer of the struggling internet company. he'll be their fifth ceo in five years. analysts say he'll bring a new perspective. the analyst sees it as a media giant that dominates 11 categories including sports, finance, and entertainment. >> oakland police investigating whether shots that were fired last night on leona creek drive may be connected to tuesday's fatal shooting, a 15-year-old hadari askari. no one was hurt. >>> wildlife official s say a dolphin spotted in the waters near san francisco international airport yesterday may have already swam back out to sea. it was a bottle nose dolphin spotted in colma creek near highway 101. marine biologists say it didn't appear to be in distress and they've seen no sign of it this morning. >>> a 19-year-old woman found shot to death at a motel. alex savidge is in oakland now. >> investigators right