sharing our stage, from commissioner ch ang to our guest from at&t, our tax collector assessor, phil kinggao, david chiu, carmen chu, eric mar, and other board members who will join us. scott weiner, malia cohen who just came from china lot -- not long ago from a trip. thank you for being here. to our family associations, our department heads, our other commissioners and friends, happy new year, and welcome to our official celebration here at city hall of our wonderful chinese lunar new year. we just came from the official lighting of our new lantern. i hope you will stay tonight long enough to view all of its beauty and the lightness of it. there are a lead the lights on there. there are recycle cd's on the dragon boat. it is 76 feet long. it is, of course, my entry into the america's cup. anyway, i want to thank everyone for being here, for helping us celebrate. as we have been saying, this is one of the most exciting, attractive holiday seasons for the whole of san francisco and all of our communities. we look forward, and i hope you join me, in not only the very big chinese new year's

let's talk about that with carol pepper, ceo of pepper international as well as phil silverman, managing parter of kingiew capital. let's talk about investing in tech. do you like these moves? >> i do. i do. i manage money for families with over $100 million in net worth. >> evil 1%. >> they're not so evil. >> i'm going to throw some stats at you here. thronge e the longest losing streak since october 2008. >> i think it's a buying opportunity. we see huge growth in the tech sect perp look at all the advances in technology. look at how apple blew the lights out with the last earnings projection. i like tech. this is a buying opportunity. >> phil, are you following the whales like tepper? >> we follow what they do. i would cautious investors to just blindly reading a 13-f and following what they see a hedge fund manager doing. there is a little bit of a delay between when they report their positions. you don't really know what they have else going on in their portfolio as far as options or derivative positions. but as far as david tepper's picks with apple and microsoft, i do think those are excellent c

in its tenth season on the air, the king of daytime talk dr. phil is here. hello, mr. >> i'm good. are you and robin reading "50 shades of grey"? when i ask a woman it's 50 shade of red. apparently it's a giveaway. >> people say they're getting lots of ideas. we're talking about the news of the day, what's coming up this week. can't wait to see you. he's ready. you're watching "cbs this morning." catch us on facebook and twitter. >>> joining us now, the tanning mom, patricia krentcil. now, you've said those who criticize you are fat, ugly and jealous. >> yes. though i can't blame them for being jealous. i am alluring in a way they'll never be. trust me, there are plenty of men in new jersey who would love to snap into this one. >> okay. >> oh, yikes. okay. "saturday night live" takes -- i thought you were going to show the part with the toast. oh, you already showed it. the tanning mom, and not the first people to say, what was she thinking? it's 8:00. welcome back to "cbs this morning." i'm gayle king. >> and i'm charlie rose with erica hill. look who else is here, dr

in its tenth season on the air, the king of daytime talk dr. phil is here. hello, mr. >> i'm good. are you and robin reading "50 shades of grey"? when i ask a woman it's 50 shade of red. apparently it's a giveaway. >> people say they're getting lots of ideas. we're talking about the news of the day, what's coming up this week. can't wait to see you. he's ready. you're watching "cbs this morning." catch us on facebook and twitter. >>> 4 minutes before 8:00. sharon has traffic after marty's weather. >> just out to the west, again, there's a couple of light showers. this is trying to bring om rain over central pennsylvania -- some rain over central pennsylvania. it can't be denied. there could be a couple showers. clouds today. 68 the high. here is sharon with traffic. >>> good morning. we some delays this morning, because of accidents. an unusual delay on the you outer loop on the topside beyond 95. that's because of an accident on the outer loop at 95. edge wood road also an accident. if you are headed out, again, topside of the beltway, watch for an outer loop delay. t

apparently too hot and it's in its tenth season, the king of daytime talk dr. phil is here.ading "50 shades of grey"? speak into the microphone. >> every time i ask a woman it's 50 shades of red. apparently it's a giveaway. >> everybody says they're getting lots of ideas. you don't need them but talking about the news of the day. can't wait to see you. we'll be ready. he's ready. you're watching "cbs this morning." catch us on facebook and twitter. catch us in a sec. >> get instant access to all the original reporting of "cbs >> time for the news headlines from cbs five. sunnyvale based yahoo! has a 9:00 deadline this morning to either fire its ceo or risk legal action stemming from the embellished resume of the ceo. a hedge fund is manager exposed the and accuracy and he is demanding that thompson be ousted. demand is being hailed as a hero after hopping offense to rescue a 96 year-old neighbor from her burning home. brandi harold got him, her out of a home and lifted her over the fence. the fire might have been caused by a fireplace,,,,,, >> let's go out towards the bay br

phil. >> please stay with us, your five day forecast is next. roar! alright, what do lions eat? that's all the horses sir. ...and the men? all the king's men are here too sir. it doesn't look good. >>> welcome back. taking a look at the inner harbor, some activity going on this afternoon. >> we were trying to figure out if something was going on in the water. we really can't figure it out. we're going to send it out to marty. >> what was that, that submarine that's been reported? >> i said it was -- >> you find that off kent island. >> okay. >> it was debris. >> let's take a look at our five day forecast. this weather is just potentially going to be spectacular. we're going to watch this front slipping through today with maybe an afternoon thundershower. we have to make sure it gets out of proximity. thursday, friday, saturday, sunday looking great. 75, 77, 80 and 82. by monday afternoon, a chance of an thundershower. >> thank you very much. don't miss cbs prime time line up tonight. stay tuned for eyewitness news at 11:00. >>> if you're in the mood to sat fie your sweet tooth -- sat sat fie -- sats fie your tweet today, today is natio