be worth more than mcdonald's by happy hour tomorrow night. we'll keep you here as well, ali. let's bring in christine romans. >> of course. >> it's very interesting. let's get to it. >> institutional investors, windows has closed for them to say they want to get in. those are the big guys. the little guys are waiting to find out what the ipo price will be and put in your limit orders. that's what i keep advocating. what price do you think you want to pay for facebook stock when it starts trading under the ticker symbol fb? one reason there's so much hype around this initial offering is this is a company that everyone knows, right? 900 million people around the world who are on facebook. take a look at this. this is a graphic that shows the connections between users worldwide through facebook. it's a company that has changed how we talk to each other and brought us together with new people in new ways all over the world. i want to show you something else. 20 minutes on facebook, 1 million links are shared in 20 minutes on facebook. friend requests, 1.9 million are accepted in 20 minutes. photos uploaded, 2.7 million photos are uploaded every 20 minutes on facebook. almost 2 million status updates, 10 million comments made on facebook. this is why all of you know it and all of you are asking us how do you get a piece of t this is where ali and i disagree a lot. i say -- >> don't. >> no, no, that's not what i say. ipos are risky. we will learn a lot more about this company in the next year. people like ryan mac, for example, says wait a month, see how it's going and then decide if you want a piece of it. >> sometimes you feel like you missed out on the opportunity then. i was listening as you all were talking. you call it a paradigm shift. >> you can't do that on google. this is the new internet. the internet has been look about looking stuff up. this is a paradigm shift, this is about engaging, identifying the people you like and having them help you select your entire life. >> but it has to make money. if you buy the ipo or buy the stock after the ipo, you become an investor in facebook. you want a return on your investment. what will facebook do about the mobile threat? >> it doesn't advertise well on mobile service. >> right. >> zoraida's question is what is this going to cost? it will price today at 4:00 for institutional investors probably at $38. >> you think it will be the high end? >> which means hedge fund managers and mutual fund managers get it at $38. tomorrow at 9:30, lists on the nasdaq. think back to ipos. they don't always trade at 9:30. >> no. >> takes 30, 40 minutes to figure out the price. i think the first price will be in the $50 range and maybe as high as 90 tomorrow. if you're a regular investor, you may have to pay 90 bucks to get the stock. >> many have said there's some people pushing the hype of $100, to get to $1 hup 00 on the firs. >> the people who have it can unload it, make a ton of money. >> when you're buying it at $90, assuming it'st gets there, someone that has been in there a long time is making a boatload of money and you're the person giving them the money. >> see the look on ali's face? >> it's too early to be this -- viewers in california are still in a bar listening to this, listening to you saying don't buy facebook. it's risky. >> i do say don't buy facebook zb. >> be cautious is what christine romans says. other news for a moment. under attack from six air tankers, this is the gladiator fire in the bradshaw mountains in arizona. it is devouring nine square miles, 5% contained. three homes have been destroyed. fire officials warn several more homes could burn down in the next few days. closing arguments in the corruption trial of former north carolina senator john edwards. the jury could begin deliberating by tomorrow. the defense rested yesterday, calling only seven of the 65 people on their witness list. edwards and his daughter, kate, were not called. nor was rielle hunter, his former mistress. he could spend time behind bars for using $1 million in illegal campaign contributions to cover up the extra marital affair with hunter. even stranger, word of a second woman being infected with a rare flesh-eating bacteria. the case does appear to be less severe, she was diagnosed days after giving birth to twins. her husband says following surgery, he hopes the infection is on its way to healing. meanwhile, we've been telling you about 24-year-old amy coplin who continues to fight for her life in a georgia hospital. her father says she's courageous and amazingly resilient. she had her leg amputated and is expected to lose fingers because of the infection. >> really bizarre. new questions this morning about how sanford police handled the trayvon martin shooting. revealing a series of missteps in their initial investigation. among the findings, they took just one photo of george zimmerman's injuries at the scene. his vehicle was not secured as part of the crime scene. police didn't properly cover the crime scene and rain may have washed away critical blood evidence. zimmerman was not tested for alcohol or drug use that night either. george zimmerman is charged with second-degree murder and he claims he shot martin in self defense. the teenager's family alleges their son was profile d by zimmerman and race was a motive. mary kennedy was found dead in her westchester county home yesterday. medical examiner expects to announce the cause of death today. she was arrested twice for dui the same year divorce was filed. debt ceiling debacle part two now, warning republicans not to hijack -- congress will have to raise the debt ceiling again at the end of this year and republicans are vowing to block the move if it's not offset by spending cuts. behold the beginning of a budget stalemate. >> where is the president's plan to tackle our looming debt crisis? it's time for us to deal with the big issues affecting our country and our society. we've spent enough time playing small ball. >> they don't get who we are! >> pretty fired up there. president and gop leaders did agree on one thing during yesterday's white house lunch, the need to reach agreement to prevent the student loan interest rate from doubling in july. >> aaa reporting average price at the pump dropping this morning to $3.72 per gallon of self serve unleaded. they're basically giving it away now. >> i wish. >> down six-tenths of a cent. big drop from yesterday's national average. one of these days i might start driving again. but look at the weight i'm losing walking. >> we were celebrating because we were almost at $5. >> that's right. >> isn't that crazy? a bike thief's crime was caught on krachcamera. that is not all you get to see. watch as what goes around comes around, coming up. 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[ male announcer ] ...forbusiness.com. ♪ ha ha! ♪ today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. good thursday morning to you all. you're watchi ining "early star" it's 12 minutes after the hour. here is christine romans. in a couple of hours, we will know facebook's price tag, the social network going public on the nasdaq tomorrow. the price range expected to be as much as $38 a share. fbi now says one man is responsible for mailing more than 380 letters laced with white powder. the mysterious letters have been sent to addresses in 48 states. officials believe they're all coming from one man in north texas. tests show the powder, by the way, is not dangerous. but officials believe the mystery mailer is now targeting daycare centers and schools. the fbi is offering up to $150,000 to information leading to an arrest. protests outside the alabama state house has lawmakers approve a new bill to revise the controversial immigration law. the new measure would make the nation's toughest immigration law even worse, critics say. a collision at sea between an 844-foot u.s. navy assault ship and a refueling tanker happened yesterday in the pacific, 120 miles off the coast of southern california. a navy spokesman says the uss essex was approaching the tanker to refuel when it apparently lost its steering. both ships were damaged. no one was hurt. the vessels were able to make it to shore under their own power. >> worry for the well-being of a young actor this morning. 32-year-old nick stall, who starred alongside arnold in terminator 3 has been missing for more than a week. according to tmz, his wife reported him missing last thursday. she is afraid, quote, that he got caught up in bad stuff. epic face plant during the getaway. he just ripped off a $50 bicycle from a store. cameras from a nearby store caught him wiping out. watch it. ooh. on his way out. >> you want to steal a bike, you got to know how to ride a bike. >> do the crime, pay the time. >> if you leave the house right now, can you watch us any time on your desktop or mobile phone. go to cnn.com/tv. zoraida? >> i love the idea of karma there. thank you so much, christine. 14 minutes past the hour. dangerous fire conditions persist out west. rob marciano has the latest. arizona wildfires? >> a state getting burned up quite a bit with four fires but also one burning in colorado outside ft. collins. this is the video of that particular fire, over 600 acres burned here. they're having a tough time of it. breezy conditions. 5% contained. and they're battling that one. two fronts. arizona and colorado. yesterday, the winds were light in arizona, even though that fire grew. but it was still very, very hot. now, the winds are going to pick up as we get a little system coming in. the next two to three days will be particularly worrisome. they'll have to deal with winds on top of the heat and dry conditions. gusty winds, 30 to 40 miles per hour. a number of advisories and watches up. florida, you're starting to pile up some rainfall. you need it a little farther north. nonetheless, south florida, including the keys and miami getting some rainfall this morning. kind of the tail end of a front that has finally pushed across the northeast. this part moving faster. you'll get into nicer weather, albeit on the cool side, across the great lakes and parts of upstate new york. daytime highs will be cooler than yesterday. frost and freeze advisories across upstate new york for later on tonight. want to take you across the pond into southern parts of switzerland where a landslide happened yesterday. about 300,000 cubic meters of soil ran down this hill. this is a village near the italian border there. the problem with this is that they've got another half a million cubic meter of land and rock they think is going to slide down as well. dramatic stuff there. there's a village down there. they've had to evacuate that and wait for this land to settle down just a little bit. >> oh, wow! >> that part of switzerland -- >> scary stuff coming your way there. >> all right, guys. good weather across the northeast. no land slides or anything. >> it's nice out here. i almost tweeted on my way in to say what a beautiful morning it is. i walked into work this morning, except i walked in a little late so i didn't really want to tweet i was still walking into work. zoraida has been tweeting out, she wants to know -- because you're interviewing what's his name. >> about male grooming. i said without hair, it's like five bucks. i steal hotel soap. >> everybody thinks he's lying. >> you don't have to buy soap and you've got no hair, how am i going to cross five bucks? >> the most money i spend is waxing the back of my hand. >> wow, there you go. >> it's a serious question. he says five bucks, but i don't get it with all the facials that he -- no, no, lot of facials. >> we'll talk more about our grooming. >> important to pamper yourself, emotionally. >> apparently it is for guys, much more than we originally thought. thank you. listen to this story. time for morning reads, 22 minutes -- 17 minutes after the hour. not so good at that. this is a story that i don't think makes a lot of sense. kindergartners in georgia may soon help decide if their teachers get raises or get fired. >> i think it make ace lot of sense. >> really? >> i'll explain. go ahead. >> kids from kirnt garden through high school evaluate their teachers. i'm okay with the high school part. it could influence teacher ratings. between student performance and what kids say about their teachers. i even get that part. here is what i don't get. kids as young as 5 are possibly too immature to effectively evaluate their teachers. kindergartners, who could barely read and write would be asked to score teachers by circling a smiling face, frowny face. my teacher gives me help when i need it. little kids can't be evaluating their teachers. >> of course they can. they are the ones that are brutally honest and absolutely tell the truth and don't worry about consequences. at the end of the day, i would rather be evaluated by a little one. >> a 5-year-old getting a lot of treats from the teacher you don't think -- >> not treats. i'm sure the questions they're asking are really good questions. >> you can bribe kids. >> you can bribe those high schoolers. that's what you can do. >> that's right. >> students in florida are failing their state's writing exam. an emergency meeting after nearly, listen to this, 75% of students failed the writing portion of the state's fcat exam. more than 80% of the students passed it last year. this year, the school board raised the standard, increasing the score required to pass. the board has decided to lower the bar back to 2011 levels. the writing exam is regarded as the easiest of the fcat test. officials are now bracing for the reading and math scores. >> that's the way to do it, lower the bar. we're not hitting the scores, lower the bar. a family tragedy strikes the kennedy clan once again with the sudden death of robert kennedy jr.'s estranged wife, mary. just ahead, more on her death and the last troubled months of her life. you're watching "early start." oh! 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[ male announcer ] solutionism. the new optimism. is important to any successful business. which is why at wells fargo, we work with you to get to know the unique aspects of your business. we can recommend financial solutions that can work for you that have helped millions of business owners save time, reduce expenses, and maximize cash flow. as the number one small business lender for nine years running... we're with you when you need us. so you can be there for your customers. wells fargo. together we'll go far. it is 23 minutes past the hour. welcome back to "early start." the kennedys rocked by yet another family tragedy. an autopsy will be performed on mary kennedy, the 52-year-old estranged wife of robert f. kennedy jr. she was found dead in her new york home yesterday. alina cho is here with the very latest. heartbreaking. >> just a heartbreaking story. you heard the kennedy curse. when i read this story, i thought here we go again. good morning, everybody. westchester medical examiner could announce a cause of death as early as later today, but for now, police are keeping a very tight lid on what might have happened to mary kennedy. they will not say how she died and they are not providing many details about what they found at her home in bedford new york, other than her body, which was discovered in what they describe as an outbuilding of the property, not the main house. the last few years certainly were not kind to mary kennedy. she battled a lot of demons. >> we heard it was very troubled. do you have details on that? >> i sure do. her life was rocked when her husband, robert kennedy jr. back in may 2010 -- he is the nephew of president john f. kennedy -- filed for divorce. the couple has four children. the divorce, by the way, was never finalized. at the time of her death, they were still officially married. not long after her husband announced plans to leave her, mary kennedy's life began to unravel. she was arrested for driving under the influence twice in 2010, once for alcohol, one for prescription drugs. one charge was reduced, the other was thrown out. there was an incident the night after robert kennedy filed for divorce, in which he told authorities his wife was intoxicated. kennedy biographer spoke to us last night about mary kennedy and the very public demons she battled. >> her husband or soon to be ex-husband was a heroin addict. and he heroically came out of that and became one of america's great environmental leaders, but i remember kathleen kennedy townsend saying she enjoys going to hyannis port for thanksgiving now. she said it used to be a bunch of drunks and now it's an aa meeting. >> she has four children -- >> right. >> -- under the age of 18. i should say had. >> just a heartbreaking story and just a tragedy, another tragedy for the kennedy family. you know, they are releasing two statements, both mary kennedy -- her family released a statement. in part it read we deeply regret the death of our beloved sister, mary, whose radiant and creative spirit will be sorely missed by those who loved her. our heart goes out to her children, who she loved without reservation. robert kennedy released a statement saying, quote, mary inspired our family with her kindness, love, gentle soul and generous spirit. she made quite an impact in her short 52 years. she was an inspired architect and her firm once worked on the vice president's residence. s