riverbed's technology is important, allows technologies to have i.t. management's -- companies to have a i.t. management from the date of filing to storage, all those wonderful things that technology people will have a much better way to explain and i do. i do suggest to you that this is, yet again, another example of how we are working with ceo's to make sure that we sit down and talk. it was literally last fall that we sat down. we knew they were looking, they knew they were growing. it was not going to be in some other place that we would lose them to. we had some great partners. we just came together very well and focused on what we could do to make sure they stayed here. they know there is talent here. that is not a question. but are there other things that stabilized their ideas come interest to work here long term, and growing here, as we have had that philosophy. we want i.t. companies to stay here and grow. as a result, we are evolving our policies on a weekly basis to continue attracting companies like riverbed, making sure they feel comforta

macys.com, including with what we announced last month with riverbed, this is now a building that is 80% complete with technology built appear when they moved in it in 2014, hopefully it will be 100%. that is the intention, to bring in a spirit of innovation into our city and to make sure that we were growing at it. you have to see what is going on in the rest of the city to realize how important it is. with this announcement today, we have a larger announcement, that this joins the rest of our technology companies in breaching the 1 million square foot mark in the city, just in the first two months of the year. 1 million square feet of leased by technology companies. that is a wonderful market, significant for our city. it means jobs. not only renovation jobs, which the people behind me represent, but also the technology jobs and the wonderful things going on to continue and sustain the building of our modern workforce. i also want to say to you, what makes macy's such a wonderful company to work with, when the economy was down, when the government had to put in money for special pr

their wives to work for facebook and zynga and riverbed and autodesk and the technologies -- technology companies interlining appear. not necessarily understanding at algorithm or how to program code but they know they can do back and operations, there are tens of jobs that will pay a $60,000 to $100,000 a year and -- in the technology sector and we have to get our young folks that -- better -- ready for that. we have yet to give these kids into these campus -- get these kids into this campus. i hope that hsa will supporters by pushing those youngsters who come to them for services from welfare to work, in that direction. we want to try and have an entrepreneurialship technology program in this building. thank you for your attention tonight. [applause] >> i am radical so i hate to -- i ain't going to tell you that you do not like. i am from san francisco. i am a foster child. i was born living up there on harbor road. i'm 53 now but i have entered the prison system here in san francisco, in oakland, and in richmond. i lost a brother to amtrak. what i do not understand is everytime you h

. >> in the end do you end up fearing that you have a dry riverbed?ia, go down to the colorado river delta. it's dry. there is maybe 5% of a former wet land area that was one of the most significant wet land areas in north america, and it is now a dessert. >> we have been talking about the impact of climate change because of population growth and the use of the water probably in addition to the warming of the planet. what in the end can people do? what can happen to be able to mitigate this? >> right. the good news is that there's a tremendous amount of waste right now. there's a lot of low-hanging fruit within the river watershed system that can be addressed agriculture could change the way they irrigate. you have individual consumption of water on an individual basis every one of us could make a profound impact. >> one of the things we have been advocating for is we want to see policy makers that appreciate and understand the importance of this. do you think you see a moment that the true conservationalists rise up to have their voices heard, an unl

referbed getti riverbed getting with seven downgrades. also encouraged by the upcoming product releases, specifically, windows 8. back over to you. >> thank you, seema. got to talk apple here. they have numbers out next week. this week, conflicting reports from the analysts' side. piper jaffray muting concerns but the stock weekly decline when the company reports next week. >> bullish on the company with a 1001 dollar price target. >> thank you. >> you're famous now. let's assume they come in with expectations, what does the stock do? >> there's a decline. apple's guidance were down 30 and we're looking for $10.06. we're i think there's upside. >> your number, not the consensus. >> so historically, apple does trade off around earnings and if you go back into the january when they reported december quarter, it was an absolute blowout and the stock only went up $25. so generally it does trade sloppy after earnings. >> after this 10% correction that we see today, i assume you're telling people to buy? >> i like it at this level. it's trading

also on focus riverbed having worst one-day drop since september of 2007.dding over $1 billion in market cap value. lastly, more start-ups have been going public in recent weeks. one company ipoing here at the nasdaq is proofpoint. a company that specializes in cloud based security software priced at $13. right now trading higher by 7.6%. tyler, back to you. >> seema, thank you very much. time now for buy, sell, hold. we're going to take a look at some of the biggest stock stories hitting the headline ths week. and from the nyse, the one, the only, steve grasso, cnbc market analyst. mr. grasso, welcome. good to have you with us. >> so excited to be in front of bob's plasma. this is really exciting for me, tyler. >> you have made it, mr. grasso. you have made it. apple pulled back this week down nearly 4%. what do you think? buy, sell, hold. >> i think you would be lucky enough to catch the profits you've made with these extreme moves higher in apple. i think you really should start thinking about lightening up on this. at least sell a portion of what you ha

joshua story, after crossing the jordan river, joshua had his followers gather up 12 stones from the riverbed. remember that? and establish a memorial. why do you have a memorial? so? so that children will remember their history. so i ask you, when will our -- what will our 12 stone memorial look like? what will our 12 stones be? what will this generation leave behind to lead our children know what challenges we took on and overcame? years from now, will it be one stone for closing the achievement gap in education? [applause] will we be able to lay down one stone for rebuilding our struggling city? how about one stone for helping african-american families that are still living in an economic recession today? how about one stone for bringing health care to every american? [applause] and one stone for ending the epidemic of violence and drugs that had ended too many promising lives? [applause] and certainly, we should have one stone to remind us to keep marching until people are more focused on passing laws that make it easier for americans to vote, all americans, not harder. [applause] the lis