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>> STANCE ON THE RISE, THE
DOW WAS UP 40 POINTS.
14,551. SHOULD WE ALL BE
CHEERING?
>> YES. IT SHOWS US THAT THE
PROBLEMS IN EUROPE CAN BE
JUST PROBLEMS AND NOT CRISIS
SEE. THEY'RE NOT SPREADING
LIKE WILDFIRE AND AMERICANS
ARE NOT PANICKING. THE
LOSERS HERE ARE THE RICH,
THEY ARE IN THE CYPRUS. THE
WINNERS ARE SOME OF THE
SMALLER DEPOSITORS THAT KIND
OF GAVE THE BAILOUT THAT
PROTECTED THE INSURANCE THAT
WAS SUPPOSED TO BE THERE IN
THE FIRST PLACE.
>> I THINK WHAT SCARES
PEOPLE WITH THIS STORY IS
THAT PEOPLE HAD MONEY AND
THE BANKS ARE TAKING A
HAIRCUT. THEY'RE TAKING SOME
OF THEIR BANK DEPOSITS AWAY.
COULD THAT EVER HAPPEN HERE?
>> I WON'T SAY NEVER. SO FAR
IT HASN'T. IF IT DID THERE
WERE PROBABLY BE RIOTS.
THERE BE CARS FLIPPED OVER
ON FIRE. THIS HAS HAPPENED
YET. WILL IT COME? IT'S
CERTAINLY GOOCOULD.
>> THE BATTLE FOR DELL, UP
MICHAEL DELL WANTS TO TAKE
HIS COMPANY PRIVATE. YET
BLACKSTONE, AN ICON, THEY'RE
ALL COVERED BY THIS COMPANY
WAS GOING ON?
>> I DON'T GET IT. ON THE
OUTSIDE IT LOOKS LIKE THE
COMPANY IS THINKING AND THEY
ARE AT THE WRONG PROBLEM.
THERE IN THE PC BUSINESS.
THE OFFER IS ALWAYS SITTING
HIGHER THAN WHAT MICHAEL
DELL OFFERED AT 1365. THE
START OF THE PC PROVIDER AND
HIS TEXAS DORM ROOM. THE BIG
WINNER HERE IS H-P. THEY
DON'T EVEN KNOW WAS GOING
TO OWNED BELL AND THE
FUTURE, DO BUSINESS WITH US,
WE WILL BE AROUND. FOR DELL,
IT IS THE 1990'S THERE CUT,
A BAD IDEA.
>> THE OTHER TWO DEALS DON'T
EVEN HAVE MICHAEL DELL AND
THAT.
>> HE HAS SAID HE IS WILLING
TO STICK AROUND AND WORK
WITH HIS SUCCESSOR. IT IS
NOT THAT HE IS NOT IN IT, IT
IS THAT THE WRITING IS ON
THE WALL. HE TOOK THE FIRST
THAT. THE BART DIRECTORS THE
DOLLAR DUE IN THE RIGHT
THING AND REVIEWING BIDS.
THE PUCOMPANY COULD STILL BE
PUBLICLY TRADED. IT IS
PROBABLY NOT BEST FOR
MICHAEL DELL.
>> ANYTHING YOU WATCHING?
>> YAHOO ABOUT A NEW START
UP THAT WAS STARTED BY 15
YEAR-OLD CHILD. I SAY THAT
LOVINGLY. THAT IS ABOUT ALL
I HAVE.