But brad, welcome, its good to see you again. Great to see you. Thanks for having me. I wonder as a tech investor what you make of the nasdaq and that sector the last few days. Is it a simple correction or something more you probably saw last night i tweeted, pullback . What pullback . Precovid the multiple on the soft way growth index was about ten times sales it peaked about a week ago today were at 13 time sales were still 30 higher valuationses in software than we were before the paechbd. The same is true for growth internet precovid about 23 times next years ebitda. We peaked at about 35 times next years ebitda. Today were still at 32 times, so heart will hardly a correction in my books. Do you think some of these stocks got simply out of control in the way they went up parabolically . The characterization doesnt need to get worse. Its pretty good these are peak multiples for stocks in the middle of a Global Pandemic for most software companies, the pandemic has not accelerated th
Cspan created by americas cabletelevision companies as a Public Service and brought to you today by your television provider. Host this week join is on the communicators this representative bob latta, the Top Republican on the communications and Technology Subcommittee and our guest reporter is sam sabin of Morning Consult. Congressman latta joining us from bowling green, ohio, there are then several proposals put out to expand world broadband especially in this time of covid. Which ones are you supporting and which ones do you think would benefit your largely rural district . Guest thanks so much for having me on. Its really important we do talking about world broadband. Ive been engaged in this for years and one of the cofounders of the probroadband caucus and with groups that a meeting all the time because this is not a republican or democrat raided the issue. This affects everyone in the rural areas. Its important for us to get this out as soon as we can especially during this covi
Having me on. It is really important that we are talking about Rural Broadband. Ive been engaged in this for years. I am one of the cofounders of the Rural Broadband caucus and we also have groups that are meeting all the time. This is not a republican or democrat or independent issue, this affects everyone out in the rural areas. And it is important for us to get this out as soon as we can because, especially during this covid19, we have really seen the effects in what can be done when we have the broadband out in our rural areas. Everything from telehealth ive talked to so many doctors that said it has been a savior out there for people to have telehealth, but then again, if you dont have the access and you have a problem so that is one of the first things ive heard right off the bat ive heard from people on the telehealth side. We also hear on the educational side, here in the state of ohio, they started closing the schools and they decided, well, we will have the kids do it remotel
Proposals put out to expand Rural Broadband, especially in this time of covid. Which ones are you supporting and which ones do you think would benefit your largely rural district . Guest thank you for having me on. Its important we talk about Rural Broadband. I have been engaged in this for years and one of the cofounders of the caucus and also have groups meeting all the time because this is not a republican or democrat or independent issue but this affects everyone in the rural area and its important to get this out as soon as we cant because during this, 19 you will see the effects and what can be done when they have the broadband of our rural areas. Everything from telehealth and i talked to so many doctors that they have telehealth but again if you dont have the access and a problem so that is one of the first things on the telehealth side and we have educational side here in the state of ohio where they share closing schools and say we have the kids doing it remotely from home an
Dollar stores seem to be weathering the storm. On the barrons roundtable, ben, carlton and jack. Thanks for joining us, guys. Good to see jack howe back in the group. So, ben, every single week i say the same thing to you which is how much longer can tech stocks keep zooming ahead of the market. Finally this week i dont have to say that, they actually lagged this past week. They lagged and they lagged badly, down around a full percent. And the s p was up more than a percent. The gap between the two was actually the widest in any one week since 2016. Most of those, that difference calm on monday when the nasdaq actually rallied to what was looked like a new high only to pull back and finish down more than 2 . Those kind of reversals dont happen very often, and when they do, its often a signal that the nasdaq is going to underperform over the next three months or so. Jack so youve been talking for a while about cyclical rotation that you think thats going to thinks going to come one of t