be speaking for papers that they will be presenting early in the new year so you're getting a prepublicationtaste of what will be coming out with. so ambassador half. >> thank you, frank. the paper to which frank refers that will be published i think in the new year rests basically on five assumptions. number one, that russia and iran, for separate but entirely compatible reasons, want to keep bashar al-assad in power indefinitely for the foreseeable future, at least in part in syria. second assumption i is that the nature of the military campaign being waged by russian aircraft and iranian assembled militias in syria against armed groups, not isil, fighting the assad regime defines russian and iranian priorities in syria. for both the battle against isil seems to be a pretext for assembling forces aiming to eliminate alternatives both to assad and isil. further assumption underlying this work is that for iran, keeping assad empower mainly has to do with assad's willingness over the years to subordinate syria to iran on all matters related to hezbollah in lebanon. keeping hezbollah to fight,

let me ask you, first, about -- i have a lot of viewers who are prepublic, pre-ipo. >> i think it is a tougher clima climate. we have competitive margins and some of the best growth in the industry. it was important to come out and there was several other issues. we had to make it out or were priced below range. companies need to be really well prepared in this market to be successful. >> let me ask you a question of nysd versus nasdaq. why did you choose -- >> we're very close to both exchanges. and i would say it was a very tough call. each put together a really attractive package and it was a tough decision. we're very happy with the nysd. >> i think what people who are not public yet worry about being pushed around by rauns. are you feeling that pressure? are you getting a lot of calls? do you worry about people amassing shares and doing stuff. >> i think you have to go in and think it is a marathon, not a sprint. and we have that messaginmessag told my team if i see a ticker on your desk top, i will delete it. >> will it change? >> we should be thinking about our stock not in qu

today, speaking from papers they will be presenting early in the new year so you are getting a prepublication. ambassador hoff if you would like to begin. >> thank you frank. this is the paper to which frank refers will be published to think in the new year. it rests basically on five assumptions. number one, the russian and our brand were separate but entirely compatible reasons want to keep the shah and assad in power indefinitely or the foreseeable future, at least in part in syria. the second assumption is the nature of the military campaign being waged by russian aircraft and iranian assembled omissions in syria against armed groups, not iso- fighting the assad regime defines russian and iranian priorities in syria. for both the battle against isil seems to be a pretext for assembling forces aiming to eliminate alternatives both to assad and isil. the assumption underlying this work is that or iran, keeping assad in power mainly has to do with assad's willingness over the years to subordinate syria to iran on all matters related to hezbollah in lebanon. keeping hezbollah fit to fight, is

today, speaking from papers they will be presenting early in the new year so you are getting a prepublication ambassador hoff if you would like to begin. >> thank you frank. this is the paper to which frank refers will be published to think in the new year. it rests basically on five assumptions. number one, the russian and our brand were separate but entirely compatible reasons want to keep the shah and assad in power indefinitely or the foreseeable future, at least in part in syria. the second assumption is the nature of the military campaign being waged by russian aircraft and iranian assembled omissions in syria against armed groups, not iso- fighting the assad regime defines russian and iranian priorities in syria. for both the battle against isil seems to be a pretext for assembling forces aiming to eliminate alternatives both to assad and isil. the assumption underlying this work is that or iran, keeping assad in power mainly has to do with assad's willingness over the years to subordinate syria to iran on all matters related to hezbollah in lebanon. keeping hezbollah fit to fight, isr