. >> i thought you buried the lead, you have to go to page 18 on the thomson reuters to say as a generale that regardless of where we are on the world, almost 100% of our sales are displacement sales. in other words, you're going in, and taking out an inferior product. is that what is happening with the vast majority of your sales? >> that is the vast majority of our sales. you can just see that from the numbers, the interest, the from growth rate is about 5% to 6% based on some third-party data. you just noted we grew 49% year over year, so when you compare those two numbers, you have to assume we're rapidly taking market share from all comers. we know our win rates against the competition, so we know that's actually happening. all the sales are very competitive. people are testing the technology and voting with their wallet. >> i think people have to understand why. you have a granularity of the solution, which includes what you just bought, which isn't just once they're in, you stop them. it's about prevention, too. why is your model -- why is your product so much different and better

they're not only attempting to replace wall street, data strongholds like thomson reuters, like the bloomberg terminal but getting help from wall street, too. all big banks are shareholders in think company and not shockingly, they all got lead underwrite werer spots on this deal. ten lead underwrite werers, 14 in all. sources said there were a lot of cooks in the kitchen on this one. so many that they had to actually hire another bank, boutique injechlt bank rosschild to sort it out. an interesting facet of the deal that has a lot of vested interest on wall street as it seeks to dethrone some of these competitors. there you are looking at all of those book runners, all with the same priorities, and all at the same level with that company there. it also just goes to highlight we do have a thaw in the ipo market. bob pisani mentioned earlier. $2.8 billion and sources i say, that i speak to have said now that the momo correction roved almost completely, you'll see a very busy late summer. a very busy fall. box is going to be among them as far as i'm hearing. filed for ipo in late march, but, of

hurley withce thomson host: lawrence hurley with thomson reuters, supreme court correspondent. thank you for breaking it down. today," aereo"usa can't stream signals. in a six-three decision, the startup violated copyrighted work of major tv networks by streaming content to paid subscribers. the tv station owners were the winners and they can continue to expect to be paid for retransmission of the content and channels. the losers were aereo and cord likely to goo is out of business and cord cutters losing a way to watch local tv. in issue we have discussed a lot on c-span as part of our communicators program as well. this decision by the court, aereo versus the broadcasters. take a look at what gordon smith had to say. he's the president of the association of broadcasters. here is his reaction to the decision. [video clip] today was theheld fundamental constitutional principle that you cannot take someone else's copyrighted intellectual property and resell it without dealing with the owner of that copyright. however future cases develop, that principle was decisively establishe

that according to thomas qulon ro thomson reuters.arnival, bed bath & beyond and nike. >> seema, thank you for now. 10 minutes until the close. and on this monday, it looks like it's going to be red arrows, but time will testimony. >> and there's always turnaround tuesdays. so, looking forward to that. >> what happened to front-running that? i think it turned to fridays. last i heard, they were the best performing day of the week. >> art cashin would know. >>> still ahead, find out if technical strategist ralph acampora has turned bullish following last month when he talked of a coming correction. >>> plus, veteran talk show host regis philbin called micron's recent spike. we'll get his take on that company and what else he's buying in the next hour of the show. we'll be right back. in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to ex