This transcript has been automatically generated and may not be 100% accurate.

... I ... he's a bill ... they still ... look you all know the story by now Dell is getting bought out the sling but Michael Dell and private equity investors ... twenty four billion dollar deal thirteen dollars a share unchanged ... some shareholders are happy with it ... by ... you have to face reality she just take this deal and move on to or should you fighting there fighting it be that the smartest thing to do to Jaffe is with us my MarketWatch Chuck Jaffe that ... the check you're saying ... due to ... take a Dell deal and be happy with ... well I wasn't there yesterday happy with it I'm really saying that mutual funds ... which would fight for what menace ... they're the ones you have to accept this I mean ... there are a couple foreign companies here ... who are definitely feeling the ... organisers that ... they have said that they wanna white this deal ... what what it basically means we have our proxies against it and every lick our wounds and go home cuz they're not can be of a change ... the issue is that ... the company ... has the option to try and find a better deal ... what are the odds that they're going to find a better deal ... while ... there's virtually no chance of finding a better deal when you think that Michael Dell ... who is not bound to Silver Lake the group it is in the body he could go up and try to find something better ... but he is part of this deal ... so what are the chase that he's gonna go can go out on the go find something that does a better ... meet the guy owns fourteen percent the company ... so let's take a look at the two biggest mutual fund shareholders ... you know it's not ... Southeastern Asset Management which runs the Longleaf Partners fund inductee Rowe price and you put it together and they have less than Michael Dell ... so he wants the deal ... is involved in negotiating the deal in fact Longley said in an STC filing that they pretty much always he's conflicted and by how hard is the guy to work ... so the answer is you can believe all you want but in much of the power you can't make something happen ... bottom line is this the company's profitable stock this trouble for a long ... long time you can say you think it's worth more than thirteen sixty five were the number is ... when you can find out there you can find out there and that's that's the bottom line ... really well but for a company like laundry ... or what to buy stocks undervalued they bought ... DELL for more than thirteen sixty five they believe the stock is worth twenty four dollars I mean they're reading of billion and ad dollars of shareholder money on the table so to pass them up and say well hey there's not much you can do some of ... it in the short end of this that ... and it really is is this When shareholders on this one is much is the isthe management companies ... why ... do you want your one company to find this at your cost is you're the ones getting paid for it you're sure older ... knowing that although I did get wet ... I had to leave it that Chuck Jaffe thank you very much appreciated