• last year
Jon and Pete Najarian join forces to discuss and debate their favorite topics, including the hottest stock-specific news and sports! Today: $BA, $VERV, $MNDY, and Harbaugh Stealing Signs
Transcript
00:00 (upbeat music)
00:02 - Rock and roll.
00:15 - Here we go.
00:16 - Episode 281, November 13th, 2023.
00:23 I'm John Najarian.
00:24 He is Pete Najarian.
00:26 And Jared is in the ether out there somewhere.
00:30 - Good spot, Jared.
00:31 - Jared.
00:32 Yeah, it's a good spot for him to be hovering.
00:35 Well, we're gonna talk about Macro Minute,
00:41 some fantastic futures, a bunch of stocks,
00:44 and believe it or not,
00:46 the sports are even more interesting again this week, Pete,
00:51 than probably all of that.
00:52 But let's get started with the Rebel's Edge.
00:56 The Rebel's Edge today,
00:58 we're kicking it off with Macro Minute.
01:00 Moody's turns negative on the US credit rating,
01:05 but it's not the same as downgrade, folks.
01:08 They're just negative on it.
01:09 - Well, I'm gonna highlight, John,
01:12 the consumer spending numbers.
01:14 They fell in October,
01:15 and they're primarily,
01:16 it's something you and I have talked about.
01:17 I was talking about with Maria Bartiromo just the other day.
01:20 It's the weakness in electronics,
01:22 in appliances, in furniture, in home stores.
01:25 People are going for the experience.
01:27 They're not going for the bulk.
01:29 They're not going for everything that I just mentioned.
01:32 So it's gonna be interesting to see how this unfolds,
01:35 but right now the experience is winning out.
01:37 We saw some of that just based upon what we saw
01:40 from Disney's earnings just last week.
01:42 - Yeah, I love that they say he got his mojo back, Pete.
01:46 They said, "Iger brings Disney's mojo back."
01:50 And I kind of sit there questioning like this,
01:52 thinking, wow, he cut 7 billion in spending,
01:56 and that's the Disney mojo?
01:58 You can only do that a couple times, folks.
02:01 It's not like-
02:02 - 7.5 billion.
02:03 7.5 billion.
02:04 - Mojo's back.
02:05 They can cut another 7.5 billion.
02:08 That's not really the way things work
02:11 if you're doing a great job, which he clearly is not.
02:15 But let's talk about fantastic futures.
02:19 - Fantastic futures.
02:20 - Futures.
02:21 - Well, we have a number of folks, Pete,
02:28 lining up saying that the Federal Reserve,
02:31 their efforts to curb inflation
02:33 are gonna trigger a downturn.
02:35 We've got Stevie Cohen, we've got JP Morgan,
02:38 we've got a host of folks,
02:40 and now we've got a bunch of the private equity guys
02:43 saying that it's gonna be, quote,
02:45 "Very, very difficult for this to be a soft landing
02:49 with as much interest rate hikes
02:52 as the Fed has thrown at us
02:54 and kept, after two pauses, kept at these levels."
02:58 - You know, John, I'm gonna go right back to volatility again
03:01 because of the fact that we started to get
03:03 a little bit of a pop last week,
03:05 and it was gone as fast as it came in.
03:08 And we're looking at a volatility index right now
03:10 in the 14s.
03:11 It's up 4%.
03:13 It's still in the 14s today.
03:15 So that gives you a little bit of a flavor
03:17 of what's going on right now.
03:19 It's interesting to watch.
03:20 I think that's why we're seeing the kind of volumes, John,
03:22 that we are seeing right now in the derivatives markets,
03:25 not just the S&P 500,
03:26 but I'm talking about the derivatives themselves,
03:28 the option markets everywhere.
03:30 We traded over 50 million contracts again this past Friday.
03:34 Now, that was going into a Veterans Day weekend
03:37 and all that type of thing,
03:38 and everything that is involved,
03:40 and yet we still have that kind of volume.
03:42 So absolutely incredible to me.
03:44 And I'll tell you, it's because volatility
03:47 is no longer up at that 23 level.
03:49 People were kind of hands off.
03:50 They are hands on right now with the volatility under 15.
03:54 - Yeah, and they should be, Pete,
03:56 because we've seen swings go from 200 up, 200 down,
04:01 or 200 down to 200 up.
04:05 We've seen it both ways.
04:06 Today it wasn't 200, it was like 60.
04:09 60 to the downside, now we're 60 to the upside.
04:12 So that's kind of the way the futures
04:14 and volatility are moving.
04:16 Let's talk about Monday, Pete, MNDY.
04:20 This one reported Q3 earnings.
04:23 The top line and bottom line both beat,
04:27 and this is a software maker.
04:29 I know it sounds like they'd be,
04:31 I think you're thinking probably, Pete,
04:32 of Tuesdays.com or Tuesday Morning or something like that,
04:37 that's a retailer, a discount retailer,
04:39 but this is a software company.
04:41 And their guidance was also pretty good.
04:44 - Yeah, John, the numbers across the board,
04:46 you look at the balance sheet
04:47 even before you get to those numbers,
04:48 and you say, "Looks pretty damn good."
04:50 You look at the free cash flow, 131 million bucks.
04:53 That looks pretty daggone good.
04:55 Then you get the kind of looking forward
04:58 that they are doing right now,
04:59 and you see that and you look at that guidance,
05:01 and you say, "You know what?
05:02 "They had a good quarter,
05:03 "and they are guiding as well to the upside."
05:06 All of that gives it a nice big move.
05:08 Last I looked, it was up about 11%.
05:10 Could be different now, I'm sure.
05:12 Heavy, heavy volume.
05:14 It just shows you a lot of people
05:15 are kind of trying to chase this one, John,
05:17 now that they've come out
05:18 and they've given you that great guidance.
05:21 - Yeah, and that's what it takes.
05:23 If you've got great guidance,
05:26 people are looking for anything
05:28 that gives them a clue to what 2024 might be looking like.
05:33 The end of 2023 right now is there before us,
05:37 and then the beginning of 2024,
05:39 that's what they're looking for.
05:40 So like you say, Pete, up about 11%
05:43 and doing in the neighborhood of 4X
05:46 its normal volume already today.
05:49 All right, let's talk about a therapeutic company, Pete,
05:52 that was down 30% then 40%.
05:55 Now it's, I think it's down 45%.
05:59 Verve, V-E-R-V.
06:02 They were working on something, Pete, about,
06:06 I think this has something to do with hypocholesterol.
06:11 In other words, very high levels of cholesterol.
06:14 How can you bring that back down?
06:16 Well, these guys had a phased trial
06:20 that they were working on bringing it down,
06:22 but apparently not bringing it down enough.
06:24 - Well, it's even a little bit worse than that, John,
06:27 because they were able to bring down for quite a few folks.
06:31 They did a great job.
06:32 Problem is they had two, and it wasn't a huge study,
06:35 but they had two, one who had a heart attack
06:37 and a second guy that died.
06:39 So that I think is the biggest problem these guys face.
06:42 And when you look at everything about this company,
06:44 started the year over 20 bucks.
06:47 It was nine bucks not too terribly long ago today,
06:50 but it just can, as you just pointed out,
06:52 it just keeps going lower.
06:53 The problem is they don't have a huge pipeline.
06:57 And right now they're just struggling along,
06:59 trying to get this thing advanced.
07:01 Now, some of the numbers looked pretty good,
07:03 and the CEO was trying to point that out
07:05 because the majority did okay,
07:07 and they were able to do some of the things
07:09 that they were looking for with cholesterol.
07:10 The problem is those other two that I mentioned,
07:13 when you've got something like that,
07:14 the severity of death, that's never a good thing
07:18 as you're trying to get your drug moving to the next level
07:20 and the next level and the clinicals and everything else.
07:24 - Yep, and having enough money to support all of that
07:27 puts a lot of companies at risk of being taken out
07:31 for not a big premium, but rather taken under sort of.
07:35 All right, let's talk about Tower Semiconductor, Pete,
07:39 because this one Israeli company down today,
07:43 they forecast a decline in quarterly revenue.
07:47 So that would be the guidance.
07:49 And there's an awful lot of chips on the market right now,
07:53 and people are having to cut price because as we know,
07:57 supply and demand still works, folks.
07:59 So if you have too much supply, price is going down.
08:03 People are basically thinking that's what's playing out
08:07 for Tower Semiconductor and why it's down today.
08:10 - Well, it was down and it's been moving around, John.
08:13 I mean, it's an interesting thing
08:14 because it was getting hit.
08:15 Last I looked, it actually moved up a little bit.
08:17 It was up maybe 1%.
08:19 And I think part of that was the earnings itself
08:22 were pretty good.
08:23 Now you mentioned the revenue, you're exactly right.
08:25 And there was a glut, that's exactly right.
08:27 A lot of these just chip makers are running into that.
08:30 But I think the other thing that we all have
08:32 in the backdrop right now for them,
08:33 at least, is Intel was trying to acquire these guys.
08:37 So there's a lot to be said for that.
08:39 And maybe at these levels, John, just maybe at these levels,
08:42 that might be something where Intel comes back and goes,
08:45 well, you know what?
08:47 We're kind of liking where you are now
08:48 versus where you were before.
08:50 Maybe now is the time.
08:51 We'll see how that plays out.
08:53 But certainly, it's going to be an interesting ride.
08:55 This is a stock that year to date, it was $44.
08:58 Now it's trading closer to $24.
09:00 And that's a pretty decent discount.
09:02 Maybe that's going to be appetizing for somebody
09:05 like Intel or somebody else.
09:07 It sure could be.
09:09 And if you've already gone through their books once
09:12 or tried to and had your folks analyze what the crossover
09:17 would be and so forth, maybe this is the shot, Pete,
09:21 that they say, we could offer them a nice premium
09:25 and take them out in the low 30s rather than when it was up
09:29 there in the 40s last time.
09:31 All right, let's talk about Boeing, because big Dubai air
09:36 show.
09:36 And used to be that the Paris air show, Pete, was the biggest.
09:40 And it may still be the granddaddy of them all,
09:45 in terms of--
09:46 not in terms of flight demonstration of the Blue
09:50 Angels and things like that, but instead of new aircraft,
09:54 new helicopters, all the different things,
09:57 drones even, show up at these things, UAVs.
10:00 But Boeing got two big orders.
10:04 The one from Emirates was massive.
10:07 And that's why Boeing was popping in the pre-market.
10:10 And let's see, they fly Dubai, ordered 30 of their 787
10:15 Dreamliners, but Emirates ordered 95 aircraft.
10:20 And that's the one that's really driving Boeing,
10:23 pushed it back up through 200.
10:26 And that aircraft, John, we're talking about real money here.
10:29 We're talking about $52 billion worth of airplanes.
10:34 I mean, this is absolutely an amazing number.
10:36 Now, this is a company, Boeing, that their last earnings,
10:40 not so great.
10:40 The stock actually went down.
10:42 It was trading 177.
10:43 End of October is when that was occurring.
10:46 Take a look at it now.
10:47 How you like me now?
10:48 Trading at 205.
10:49 This is a stock that has absolutely
10:51 made an incredible turn.
10:53 And it's catalysts like this that give that kind of turn.
10:57 As you mentioned, 95, 100 aircraft, whatever it is.
11:01 But those 777X wide bodies, that's the big boys.
11:06 And when you're in the big boy club
11:07 and they want that kind of an order,
11:09 I think Boeing's looking awfully good today
11:11 and probably into the future based upon these kind of orders
11:14 that they got today.
11:16 This was one of those red letter days for Boeing, Pete.
11:20 Now, their competitor, Airbus, got a whole bunch of orders,
11:25 too.
11:26 But Airbus has been not doing any better than Boeing
11:30 in terms of how the stocks perform
11:33 and things like that, Pete.
11:34 But Boeing certainly seems to be on an upswing right now.
11:38 We'll see if they can hold on to that momentum.
11:40 Yeah.
11:41 Yeah.
11:41 It's going to be interesting.
11:42 And the stock is performing very nicely right now.
11:45 And you know what, John?
11:46 Maybe it's too cheap, honestly.
11:48 I mean, looking at Boeing and looking
11:50 what they were able to do there, it
11:52 might be a little bit too cheap right now as a company based
11:55 upon what we're seeing right now in front of us
11:58 following that show.
12:00 Well, now, tell me what you think about Jim Harbaugh going
12:04 over to the Raiders, Pete.
12:08 Because I'm waiting for that headline to come across.
12:10 You know, and it's a possibility.
12:13 You know, we've all talked about this for multiple years.
12:15 Jim constantly is a guy who was in the NFL 49ers
12:19 and had that opportunity.
12:21 And now he's back at his alma mater.
12:22 I played against Jim in college.
12:24 He and I are about the same age.
12:25 He played at Michigan.
12:26 He was a quarterback.
12:27 The guy-- I think the world of him as a player, John,
12:31 as a coach, I love the fact that he's old school.
12:33 He learned from Bo Schembechler.
12:35 The way he runs that offense, he brings in extra tight ends
12:38 and extra offensive linemen to play tight ends.
12:40 And it's old school knock you in the face football.
12:43 Now, he's had a few issues this year, right?
12:46 I mean, he was suspended the first three games.
12:49 He could be at practice, but he was suspended from those games
12:51 for recruiting violations.
12:53 Now, he's got the issues where it's sportsmanship policy
12:57 is the way they're framing this now for sign stealing.
13:00 Personally, I think the whole sign stealing thing
13:03 is the most ridiculously stupid thing in the world.
13:05 That being said, there is rules about the sportsmanship side
13:10 of things, right?
13:11 Well, here's how you fix it.
13:12 You know how you fix it, John?
13:14 You say to the University of Michigan, hey, Jim,
13:17 how much do you make a year?
13:18 Well, he's making around $10 million.
13:20 All right, Jim, we want $5 million from you.
13:23 And we're going to go after the university for the TV money
13:26 that you guys are getting.
13:28 Because unless you want this to happen again,
13:31 and if they do that, John, there will never
13:33 be a case of sign stealing ever again.
13:37 Because the only thing that hurts these universities
13:40 and the coaches is their pocketbook.
13:43 They don't want somebody reaching in their pocketbook.
13:45 And I'm not saying this as a guy trying to bash Michigan.
13:48 I actually think the world of what
13:50 they've been able to accomplish there, what Jim's done,
13:52 and I don't think he's gotten any advantage at all.
13:54 By the way, this past weekend when they beat Penn State
13:57 again, which they always beat Penn State, when they did it,
14:00 how did they do it?
14:01 Well, they ran the same play maybe 20 times.
14:04 I don't think they needed signs to get out there and say,
14:06 we're giving the ball to the running back quorum.
14:09 Try to stop us.
14:10 I mean, that's ridiculous.
14:12 So I don't think they got any advantage from it.
14:15 But nonetheless, if people want to have the sportsmanship
14:17 policies that they've got, I think
14:19 they've got to hit them where it hurts.
14:21 How about you?
14:22 Is that too harsh?
14:23 Because something has to happen, in my opinion.
14:26 But what do you think, John?
14:28 Well, first of all, Pete, college
14:31 should have the same thing that the pros have.
14:33 They should give them the ability
14:35 to have the communication in the helmet,
14:37 coach to the quarterback in the helmet.
14:41 Then it doesn't matter what the signs are.
14:44 You could just be goofing around with the sides
14:47 because a lot of these things look pretty stupid anyway.
14:50 They'll hold up a chicken.
14:52 They'll hold up a zero.
14:53 They'll hold up a spade from a deck of cards or whatever.
14:59 And you've got to look at those three
15:01 and then know what they're actually telling you.
15:04 What is the play?
15:05 Because that's the signs that we're talking about here.
15:08 What are they stealing?
15:09 They're not stealing the defensive signals
15:12 because, again, the defense shifts based
15:15 on where the offense is moving.
15:17 Even if they've got a defense called already.
15:19 But I would say, Pete, that I was looking around earlier
15:24 at Jimbo Fisher because, of course,
15:28 Jimbo Fisher, he's getting paid bigly
15:33 because they recruited him out of Florida State,
15:36 brought him into Texas A&M.
15:38 And now they're saying it's going
15:40 to cost him about $100 mil to get rid of him
15:43 because they fired him.
15:45 They're going to get rid of all of his assistant coaches.
15:47 They have to pay him out on their contracts.
15:50 And then they have to find somebody else that
15:53 will be willing to coach for $10 million a year
15:57 or whatever the number is.
15:58 So yeah, you're right.
16:00 Hitting them in the pocketbook would hurt.
16:04 And the sign stealing, though, I looked it up
16:07 as far as when was it first reported, Pete.
16:10 And as you accurately said, that was not
16:12 the reason he was suspended for the first three games.
16:15 I think that was either practices, Pete,
16:18 or something else.
16:19 But it had nothing to do with sign stealing.
16:22 But teams have known--
16:25 or how could they not know?
16:28 Because you and I know just from watching the news
16:31 that this sign stealing thing's been around since September.
16:35 So maybe the third week in September,
16:38 people were accusing Stallions of doing this
16:41 with various moles or whatever the hell you'd call them,
16:44 spies doing this.
16:46 And when I look at that, I think, OK,
16:50 so what coach wouldn't have started changing their signals
16:54 up every week based on that?
16:56 Do you really have to keep them the same all year?
16:59 I mean, again, they can be somewhat complicated.
17:02 You're holding up a sign like this.
17:04 Then you hold it up upside down.
17:06 They can have different meanings.
17:07 I get it.
17:08 But I think it's just dumb to think
17:11 that the other coaches hadn't already reacted to the idea
17:15 that, oh, we're going to be playing Michigan in the future?
17:17 We better change those signals because he probably stole them.
17:21 Now, you're hitting the crux of the matter,
17:23 though, with the penalties.
17:25 And that's always what hurts.
17:28 You take the TV money away from Michigan for the whole season,
17:32 take the Big Ten money away from him for the season,
17:36 they will never do that again.
17:38 You're absolutely right.
17:40 Yeah, it's amazing.
17:42 And I love Jim.
17:43 And I think he will potentially be at the Raiders, John,
17:46 or somewhere in the NFL next year.
17:48 If Deion isn't there first.
17:50 Yeah, I think he's tired of the college system and all
17:53 the headaches that he's had to deal with over the years.
17:56 Anyway, next on, John, how about we're
17:58 going to go somewhere where we already touched this last week
18:00 and now the rest of the world figured it out.
18:02 CJ Stroud, pretty damn good quarterback,
18:04 pretty damn good pick in the NFL draft this past year.
18:07 The guys only got 15 touchdowns in,
18:09 count them, two interceptions.
18:12 These other veteran quarterbacks, all they do
18:14 is throw interceptions.
18:15 Everywhere you look, you see these guys.
18:17 Some of them are just absolutely terrible.
18:19 And you just kind of shake your head going,
18:21 how did these guys get the reputations they get,
18:24 the salaries they get?
18:26 And yet, you've got a guy like CJ Stroud, first year,
18:28 just came out of Ohio State.
18:30 And he's got the team into position, John.
18:32 They're 5 and 4 now.
18:34 He's done a great job.
18:35 They beat Cincinnati just yesterday.
18:37 They've done everything that you'd
18:39 be looking for a team to do in terms of what they did
18:42 in the draft, what they did in free agency,
18:44 and how they prepared themselves for what
18:46 they're doing right now.
18:47 By the way, a golden gopher linebacker, a friend of mine,
18:50 is their starting linebacker who leads their team
18:53 and tackles as well.
18:54 Go Gophers, got to love it.
18:56 All right, so take a look at the video.
18:58 Let the video say it for you.
19:02 Let's see it.
19:03 OK, so here's number 7, CJ Stroud, folks.
19:07 And watch how this guy comports himself.
19:11 Watch how he evades tacklers and gets the ball downfield still.
19:18 Because he's having to--
19:20 it's not exactly being bum rushed,
19:22 but there's a lot of rushing coming at him there.
19:25 And he has to step away from it, right, Pete,
19:27 and still find a receiver.
19:30 Well, the key--
19:32 [BELL RINGING]
19:33 Oh, yeah, this is by the lefttake.com.
19:37 That's where we got this video from, folks.
19:41 But whether it's his tight ends, the wide receivers,
19:45 look at these plays, Pete, just over and over again.
19:48 And they know he has to throw.
19:50 And right now, he has to get them in position
19:53 to get the game-winning field goal.
19:54 Yeah, he did a magnificent job.
19:57 He looks like a guy who's been in the NFL for five or six
20:00 years and learned underneath somebody
20:01 and then got his chance.
20:02 And he's done really well.
20:04 That's not the case.
20:04 This is his first year in the NFL.
20:06 This is his ninth game.
20:07 I mean, the guy's done an absolutely amazing job.
20:10 And the way he moves in the pocket--
20:12 and to your point, he's looking downfield.
20:15 And that's what you do as a quarterback.
20:17 The good quarterbacks do that.
20:18 They scramble around.
20:19 They might have pressure, or maybe they're just
20:21 looking for an opening.
20:23 But they scramble around, find that opening.
20:25 And every once in a while, sure, you tuck it,
20:27 you run with the ball.
20:28 But you're always looking downfield.
20:29 And I think that's what makes this guy so special.
20:32 I got a chance to watch him in college.
20:34 And let me tell you something.
20:35 You could tell he was special when
20:37 he showed up at Ohio State.
20:39 The guy was absolutely incredible.
20:42 But he's not the only one, John.
20:44 How about the Vikings?
20:45 We've got Rocket Man on the Vikings.
20:46 I mean, Josh Dobbs, the guy is literally
20:50 an aerospace engineer.
20:54 It's unbelievable.
20:55 And he's come in.
20:56 And you don't want to get too far in front of yourself.
20:59 But in game one, he was pretty amazing
21:01 because he'd been there three days.
21:03 And he wasn't scheduled to start.
21:04 The guy in front of him got hurt.
21:06 He got the job.
21:07 Now with this second game, he gets the job again
21:10 and absolutely destroys the New Orleans Saints.
21:14 He just goes up and down the field running with the ball.
21:17 He's a big, lean guy.
21:18 But he's 6'3" or 4".
21:21 He's about 210 pounds.
21:22 He runs well, John.
21:23 He finds himself-- he's always looking downfield
21:26 as well.
21:27 But he's a very good decision maker so far with the Vikings.
21:30 This is only two games.
21:31 We don't want to jump in front of ourselves
21:33 because he's been there four years.
21:35 This is only his second game with the Vikings.
21:37 Before that, he had some struggles here and there.
21:39 But so far, so good.
21:40 I'm going to give you one last one, too, John.
21:42 How about Dak Prescott?
21:44 How's that guy doing so far with the Dallas Cowboys?
21:46 He looked terrible early on.
21:48 He wasn't the guy that people were very happy with
21:51 if you're a Dallas fan.
21:53 But they've won four of the last six games.
21:55 And in the last four games, he's got 12 touchdowns
21:58 and two interceptions.
21:59 So I would say he has bounced back.
22:02 He also has gotten more help from his offensive line.
22:05 And I think those receivers all getting healthy,
22:07 tight ends all getting healthy, and a running back that
22:10 actually can run the ball pretty well,
22:12 I think that makes the Dallas Cowboys a pretty difficult team,
22:16 including right where they are with the Philadelphia Eagles,
22:19 John.
22:19 Oh, yeah.
22:20 I think if you were lucky enough to get them
22:24 when they were a little banged up on the offensive line
22:28 and stuff, good for you.
22:30 I might not be so lucky this time around, Pete,
22:32 because that Dallas line was giving him time.
22:35 And they were just punishing.
22:38 The running backs Pollard was just
22:40 ripping off yards against the horrible Giants.
22:46 But man, he's thrown for 17 touchdowns this year, Pete.
22:51 Dak is not the bad Dak that we've seen in the past.
22:56 Now, just like you said with Dobbs, though,
22:59 I'm not waving the flag and putting out the bunting,
23:03 saying that, oh, he's the Super Bowl champ now.
23:08 He's the sure thing MVP.
23:10 No, not saying that.
23:11 He could slip back into being the old Dak.
23:14 But as long as he's got Lam out there, Pete,
23:17 and his tight end Ferguson, and some of the other guys
23:20 that he's been connecting with on a regular basis,
23:24 he looks like he's having fun.
23:26 He doesn't look like a guy under pressure.
23:28 And that's a big difference from when
23:31 you saw him in some of the games that he struggled with this
23:33 year, when he looked like he was either, A, running for his life
23:37 or, B, just frustrated and making bad decisions.
23:41 He looks like he's making good decisions to me.
23:43 And he looks like he's having fun.
23:45 And the relationship, it looks like, John,
23:47 with he and McCarthy, the head coach, it looks solid.
23:50 Those guys are on the sidelines talking, hugging,
23:52 talking about the game itself, going back and forth.
23:55 And you could tell there's a camaraderie there of that team.
23:58 And if Dak can keep this up, John,
24:00 they get pretty scary in a hurry.
24:01 Because we all know you also got Parsons on the other side.
24:04 You've got a good defense as well.
24:06 So I think the Dallas Cowboys, if Dak can be the Dak
24:10 that he's been in the last three, four, five games,
24:13 this is a team that's going to be very, very interesting
24:16 and deep into the playoffs, I would think.
24:18 But can they win the division?
24:20 Maybe.
24:21 Philadelphia's still pretty damn good too.
24:24 Yeah, Philadelphia's not slacking off at all.
24:29 And the Ravens, that's a tough team.
24:33 But they had a tough week.
24:36 But the Ravens are somebody--
24:38 everybody has to go through them too, Pete.
24:40 They're unreal.
24:41 And I'll tell you what, let's not look past Cleveland
24:44 either.
24:44 Cleveland, who just beat Baltimore,
24:46 Cleveland's got a defense like I haven't seen in a while.
24:49 I mean, they're better, I think, than the Baltimore defense.
24:52 I think those guys, they're so impressive.
24:54 Now, offensively, they're pretty damn good.
24:56 They're not great, but they're pretty damn good.
24:59 So that's why I think their record is what it is.
25:01 But if they can catch any kind of fire
25:03 on the offensive side, and Stefanski's that kind of a guy,
25:06 this could be a pretty interesting team as well.
25:09 Yeah.
25:10 And so, like you just described, you've
25:12 got a bunch of great NFC teams.
25:15 Detroit, San Francisco.
25:19 I can't throw the Vikings out of it, Pete.
25:21 The Vikings, the Cowboys, and the Eagles, of course.
25:25 And then you've got the AFC, where
25:29 I don't think they have quite as many teams that
25:32 are as good as the teams we just named.
25:35 But they've still got Kansas City.
25:38 They've still got a lot of juice when it comes
25:42 to great offenses in the AFC.
25:45 Yep.
25:47 For sure.
25:48 Well, that's going to do it for us today, folks.
25:51 Thanks for joining us.
25:53 Remember, we will be--
25:54 It's almost like that background on my screen, Pete.
25:57 And Pete and I will be back with the Rebels at 1 PM Eastern
26:01 tomorrow.
26:02 See you then.
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