joining us, paul holland, a long history of working with net fflx also with us, ljh investment advisery haverty i have to ask you if you've been buying lately. >> no, i'm not buying, carl. i'm very wary of the price here. this is a wonderful business the quarter was terrific there are some cash flow problems they're spending a lot of money on advertising they're spending a lot of money on content acquisition consent assets went up the principle problem is the multiple the stock's growth is practically unique in our entire economy. as such, it's gotten a scarcity valuation. if you're looking in an environment where the federal reserve is going to raise interest rates, that scarcity valuation is going to be squeezed second problem that i can see is that there's a tremendous proliferation of people who want to make content. it looks like the new gold rush. there are 88 serialized content productions that are currently rated by meta critic in an environment now where people are watching more sports, nfl ratings are up, i think the world series ratings are going to be up, there's less time

paul's p.r. genius came in. holland was a labor lawyer and an accomplished woman, but the breathlessly sexist press of the day never failed to mention how pretty she was. they all called her the most beautiful suffragette. but alice paul said if you are going to talk about how cute she is instead of how smart he is, i'm going to put her in a white dress on a white horse with a star on her head and have her lead the parade so i will beat you at your own game. so holland started the parade on her fabulous horse. here are the nurses marching in formation. we are still right at the capitol, everyone is still getting ready to get going down the way. and then everyone was going to progress to the treasury department steps on the 15th street. this is the treasury department. the statue of alexander hamilton wasn't there at the time. and there was going to be a live tableau, a fantastic, early 20th century art form, a tableau of columbia summoning the virtues, summoning peace, prosperity and hope, there were children in togas a