remember when steve easterbrook itas at you missed0 ints of upside if you waid. that's where walmart might be now. i have somethingor you. six flags. itas a% yield. coany rerts next thursday. what a terrific siatn. flagis o of the ne plays on lower gasoline the staycationnd the compaas terr management. the only thing psible is kre dar fair, fun. i like tm both. finally on friday we have been geinports from two gat companies and the market h turnedga. the tractor andings lt uipment compy and vf corp. you wear thelothes. at's north face. the agrilture cycle is in the it has a hit of trading down after it reports. i think we can get an opportunity if this ontres down to a 3% yield. notice i mentionedield over and overga. treasury rates are so low they are almost uninvestable. i gave you bd market alternatives and the price where ey irigue me. i want to use e weakness fro rumors of rmannd french bank nails to buy stocks that have nothing to do with tse problems. and al p you to wait for better times. toin pennsylvaa. tom. >> caller: hou doing, ji in view ofhe recent

remember when steve easterbrook came? it was at $93. you missed 20 points of upside if you waited. that's where walmart might be now. i have something for you. six flags. it has a 5% yield. company reports next thursday. what a terrific situation. six flags is one of the finest plays on lower gasoline an n the staycation and the company has terrific management. the only thing possible is kre dar fair, fun. i like them both. finally on friday we have been getting reports from two great companies and the market has turned again. the tractor anding is cult equipment company and vf corp. you wear the clothes. that's north face. the agriculture cycle is in the doldrums. vf corp., call me intrigued. it has a habit of trading down after it reports. i think we can get an opportunity if this one trades down to a 3% yield. notice i mentioned yield over and over again. treasury rates are so low they are almost uninvestable. i gave you bond market alternatives and the prices where they intrigue me. i want to use the weakness from rumors of german and french bank nailers to buy stocks that have

but when management changed over and steve easterbrook came over as new ceo, that signaled to us things were about to change and they have frankly quicker than they expected and others. liz: if you listened to jack you would have made a lot of money buying mcdonald's. in a second you will give the new mcdonald's call is, saying that it will pull a mcdonald's move. where do you feel you stand when it comes piling into equities when one day we're up, one day you're down? >> you had very impressive rally the last two weeks off, when jamie dimon was buying some of his own shares two weeks ago. we're not convinced that that all the bad news is behind us. at 1950 level we hit a couple days ago, we could see us retracing back into that 1800 level. we're cautious on stocks. we're very defensively positioned. we think that is where clients should position portfolios right now. liz: you're defensive but jack, give us lightning may strike twice call because you're piling into one name in particular. >> i don't know if lightning strikes in the same place but we feel very strongly at current time, g

. >> steve easterbrook is a remarkable ceo from mcdonald's and has been back and forth with me. cand candidly, hurt jack in the box sales. the premium buttermilk crispy chicken deluxe, $4.39 you say the burger chains really did play a role. is it that competition or the fact that they have lower prices? >> i think it's pricing. we are seeing four for $4 and two for $2 and we are again back in the value game. the consumer is attracted to that now with uncertainty in the economic situation. i think we are just in a temporary value marketplace. great innovation and sharp value pricing is how we'll compete in that environment. >> beef prices have come down but chicken prices are coming down. you could get in that if you want to. >> we do expect stable to slightly better chicken prices which is better than a year ago. that will allow us to be competitive. we have the normal pipeline of exciting new products coming this rear. >> let's talk about technology. this sounds like the technology's great idea and you will be offering it. will the franchisees want to buy into it? >> they are v