BLOOMBERG Bloomberg West September 19, 2014
First, i want to talk about what is happening here. I want to bring in leslie picker, who has been on the floor with me every day leading up to this idea. We also have one of the earliest investors in alibaba. Cory johnson is an San Francisco. Leslie, i will start with you. Does this mean they let multibillions on the table . I was watching the price discovery process happen and i was with some of their underwriters going that was higher than we expected. Saw this coming. People thought maybe 85 on the first day, not this. This is pretty high. Especially on such a big deal. If you are a big mu...