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MarketFoolery

A Cybersecurity Stock with Room to Run

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 9 July 2015

⏱️ 18 minutes

🧾️ Download transcript

Summary

In the wake of NYSE’s technical glitches (as well as United Airlines and WSJ.com), analyst Simon Erickson shares what he learned on his recent trip to Silicon Valley to visit FireEye, a cybersecurity company. We discuss the latest with cloud computing, “fog” computing (yes, it’s a thing) and driverless cars. Plus we finally break the news about The Motley Fool’s newest podcast, “Rule Breaker Investing” hosted by co-founder David Gardner!

Transcript

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0:00.0

It's Thursday, July 9th. Welcome to Market Foolery. I'm Chris Hill joining me in studio today from

0:08.0

Million Dollar Portfolio and Supernova. Simon Ericsson, how are you man?

0:12.0

Pretty good. Happy Thursday to you.

0:14.0

Happy Thursday. You know why it's a happy Thursday? Because I guess the people at the

0:18.8

New York Stock Exchange called the Geek Squad and had them come over and visit and everything appears to be running at the New York State.

0:26.0

Yeah.

0:28.0

Here's how this, let me say this to our listeners, a little behind the scenes of how we arrived at this particular

0:35.5

episode.

0:36.5

So last week, Simon is doing some research, visiting some companies in Silicon Valley. He sends me an email and says, hey, I'm visiting these companies.

0:47.0

Happy to come on market foolery and talk about it if you're interested. I was like, that's great.

0:52.0

Love to do that. What day works for you?

0:54.7

Simon says Thursday works for me. Great so so here he is on Thursday and we're going to start

1:02.3

with cyber security. And we're going to start with Cybersecurity, which again a little bit more behind the scenes.

1:07.0

Yesterday, Aaron Bush and Mark Rees and I were in here, we were talking about, among other things, United Airlines and their technical problems.

1:15.5

And we were getting ready to wrap up the podcast.

1:18.9

And my phone buzzes, and I look at my phone while Aaron Bush is talking and it's an email alert from the Washington

1:24.6

Post saying trading has been halted at the New York Stock Exchange and I just thought, well that's odd.

1:31.4

And so Aaron continues to talk and I go on Twitter and I just sort of look around and I'm looking at my

1:36.0

feed and everyone is tweeting about how trading is halted and no one knows why and a couple of people are raising the

1:44.4

the prospect without saying it overtly they are raising the prospect of well you

1:49.8

know one time when this happened it was you know you know

1:53.4

due to terrorist activity and I just thought okay so do I mention this

...

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