Pledges are pouring in. So far Wycler John raised $2 million.
Is a new trend in emerging in telecom – one of text donations? For insights we turned to John Hodulik of UBS
"I think the carriers will increasingly be involved in payments, very sophisticated payments like credit card payments, utility transactions, and sort of just day to day debit card type transactions," says Hodulik.
"But a whole new eco systems needs to develop, the credit card companies will be involved, the banks will be involved, the carriers will play a somewhat minor role but they'll definitely be able to monetize the growth in that area."
If you're looking to play the texting trend, it's good to know that one third of all communications in India is texting. I'd play it with VOD , counsels Tim Seymour.
Got something to to say? Send us an e-mail at email@example.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to firstname.lastname@example.org.
Trader disclosure: On Jan 15th, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Seymour Owns (AAPL), (AET), (BAC), (INTC), (VIP); Finerman's Firm Is Short (IYR), (MDY), (SPY), (IWM), (USO); Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leaps; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm And Finerman Own (GOOG); Finerman's Firm Owns (MSFT), (NOK); Finerman's Firm And Finerman Own (WFC) Preferred; Pete Najarian Owns (CELG); Pete Najarian Owns (FCX), Is Short (FCX) Calls; Pete Najarian Owns (HUM) Call Spread; Pete Najarian Owns (MS); Pete Najarian Owns (PFE); Pete Najarian Owns (QCOM) Calls; Pete Najarian Owns (TEVA); Pete Najarian Owns (TXT) Call Spread; Pete Najarian Owns (XLF) Calls
For Brian Stutland
Stutland Owns (IBM) Feb. Calls, Is Short (IBM) Puts
Stutland's Firm Is A VIX Market Maker
Stutland's Firm Is Short Volatility
Stutland Owns (GS) Call Spread
Stutland Owns (GS) Corporate Bond
For Jon Najarian
Jon Najarian Owns (HUM) Calls
Jon Najarian Owns (AET)
For Brian Kelly
Kanundram Capital Is Short EURSD
Kelly Owns (FXE) Puts
For Jon Najarian
Jon Najarian Owned (HUM) Calls Today
CNBC.com with wires