Cavuto. With my panel here i have a distinct minority view. Theyre very big capitalists, and theyre very big on gouging you, so now that you know that, lets bring in denny strigl, ive got my fox allstars as well, gary b. Smith and david asman and tracy byrnes. All right. So explain to me, denny, how this and why this makes well, first, thank you for that nice leadin. [laughter] neil whatever i can do. Look, neil,why shouldnt the people who use the most service pay for it . If what average pricing gives you is that the people who use the most service are subsidizing those who use less service, that doesnt do you buy the companys math that this wont effect 70 plus of users . Because i think thats a lie. Es, i do. Neil you do . You think its a lie . [laughter] no, i dont think its a lie. These are not dumb people. And they understand that their job is to keep the customers they already have and to get new kansas hers. It has customers. If theyre gouging, their customers are going to tell
So they have this reaction it is purely and grounded and a surge u. S. Institutions have long been involved with cybertheft as well as wiretapping and surveillance a activities against foreign political leaders companies and individuals. Ey d they did not deny this but they said you are pretty rich to go after us. Lcom welcome, everybody. I am neil n cavuto. E on thisop opening day of theej5 weeky. Kvn the five top military career officers arek p involvet to get some sensitive4rd material including thelear designs to Nuclear Power plant. Severs Security Experts onhous how this opens us up to the rest of the world i want to bring in our fox business all stars. So on the charges self you have no doubt they are and have hacked into our most sensitive systems . Absolute paid no question. We know that. But the interesting thing about today is where do we go from here . They have already bought their tickets. So what happens . That is the question. So will they turn the other cheek . I thin
Economies to question how seriously he is about addressing this issue. Welcome, i am no cavuto. Sending out all the wrong signals. We have our panel here. David asman and tracy byrnes. So how is the president handling this, to a political this issue that was infuriating since yesterday. Earlier this bad and frankly some bad planning and not good to be talking tough on one very serious issue and then moving onto the roster event in his hometown. Its not a positive development for him. You shouldve actually state what the timetable would be in the bottom line is the folks who are part of this. I was disappointed there was no more concrete action. Im not excited inspector general. We expect the president s focus beyond development. Neil they did have some information from the administrative secretary in the name one detailed report to follow. Just visiting a va hospital can give this a corner. So i wonder how we rationalized not doing any of that. You are right, absolutely. It is not. A s
Of the stock getting absolutely crushed today, hitting a new alltime low after lockup of shares expired, allowing early investors and employees to sell their stakes in the company. Lets get to our panel now to discuss our very own Charlie Gasparino and elizabeth macdonald. We have a and g capital hilary kramer. You told them so on twitter . I think i did. The real question is when does eric bolling show up. Melissa stop, stop. You have a longrunning dispute with eric bolling on value of twitter. Today, largely in decline. He is investor of the he did tell me he is sticking in it for the long haul just so you know. Heres the thing. We do point out in erics defense facebook had a crash sometime after the ipo. And then the firm innovated and came up with some new stuff and bounced back wildly. That is what they have to do. Melissa go ahead. Netnet, theyre losing people who are tweeting. We also learned melissa 40 of the people are fake. Exactly. The problem with twitter is, they have the
I dont know if this is good news or bad news but i will lay it out there. Sources tell us that the new york ag is not looking in this enforcement action in this hft prone. He is looking for structural changes in the hft business. What he is looking to change is out there already. Early read on thomson reuters, he wants to end that he is looking to moderate the speed advantage. That is is key. That will prevent, my view, this is my opinion now, at least make it very difficult for virtu, the High Frequency trading firm owned by vincent viola, former head of new york mercantile exchange, make it difficult for virtu to come public if you erase that nanosecond speed if that is what schneiderman wants. This investigation is in early stages. Never say will be not be an encoresment action in early stages. Right now he is not focusing on enforcement action but looking for structural change for the business that could hurt firms wanting to go public in this trading business. Melissa awesome, cha