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Transcripts For CNBC The Call 20090924

above their offering price, $20 for both of these stocks, both of them buying essentially debt instruments around commercial real estate. they don t own anything yet. they re just gathering money to go buy things. the reception has been poor. overall they ve had a tough time of it recently. let me tell you why here. number one, not a lot of assets behind any of these companies yet. they re going to buy them. number two, there s a lot of uncertainty about where we re going in commercial real estate. leading to a tlot of institutional mistrust. and they re not sure that the reits may not be the right vehicle to invest in them. the rites coming out to buy commercial real estate haven t done very well. one issued last week hasn t done very well. crexus. let s talk about some other things that are out there. we re waiting and i hope you heard a few minutes ago, waiting for a 123 systems, a big lithium ion company, we re waiting for it to begin trading at the nasdaq, $13.50, i m he

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