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Dow briefly fell more than a thousand points over three sessions now just around that line. It will be the worst week for the year for the dow as long as it is below 26012 i think. Selloff in tech stocks leading to market decline this week. Who better to turn to than bob peck who joins us this morning great to have you back. Thanks for having me again. Appreciate it. It has been a crazy few weeks in the ipo market. What do you think people are misunderstanding or getting right . Couple things first of all, benchmark, the s p up 15 give or take. You look at all tech ipos this year, they are up a little less, around 13 give or take. If you do x, youre up 20 actually you are okay, whats interesting if you look at first tick to now, tech ipos are down slightly the question is whats driving that what youre hearing or seeing is investors are looking at a couple different things. One, whats the revenue visibility of the companies, is there a backlog of a recurring nature so one of the things

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