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I know, kinda cheesy piping in on Monday when the stock is already down another 10%. Even at half the IPO price, it is a pretty rich valuation compared to Google.
I don't think FB is going to go away (although my 17 year old tells me everyone is dropping off in favor of Twitter). I like FB and see its value, it is just that its value is no where near $38/share. With Google, everybody uses it so Google has a "captive " audience of all of us. FB you can opt in/opt out at will.
The other problem FB has is that the Iphone and Ipad versions don't serve up any advertising at all. I am old school, but I almost never access FB on my computer. This is their biggest problem: they are not monetizing any of the tablet and smartphone users and that is where computer use is going. Stay tuned this will be interesting.
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- Facebook Stock, Scott Paterson , Sun, 20 May 2012 06:55:14
- funny tweet by my friend..., Scott Paterson , Fri, 25 May 2012 15:22:17
- "Fury Over Facebook IPO Grows, Lawsuits Mount", Bill Homer, Wed, 23 May 2012 09:41:29
- Re: Facebook Stock, C H Tay, Tue, 22 May 2012 21:14:39
- Re: Facebook Stock, Scott Paterson , Tue, 22 May 2012 16:36:59
- Zuck said they need to monetize the mobile apps, AeroBaron, Mon, 21 May 2012 21:23:43
- Fadebook. $20, andym, Mon, 21 May 2012 15:35:02
- I suspect $20 comes first, Notnoel , Mon, 21 May 2012 08:49:46
- This ^, turbocon86, Mon, 21 May 2012 09:43:11
- Re: This ^, Snowmobile , Mon, 21 May 2012 10:00:30
- Facebook Stock -If it hits 50 first below 20 is next, LG Aero, Mon, 21 May 2012 06:06:40
- Not a clue, DE, Sun, 20 May 2012 12:34:46
- $20 - I think they'll be MySpace 2.0, Trev, Sun, 20 May 2012 12:01:24
- Seems all too familiar, Bill Homer, Sun, 20 May 2012 11:47:46
- Depends what they do with the billions received, MI-Roger , Sun, 20 May 2012 11:03:16
- Bubble?, Snowmobile , Sun, 20 May 2012 08:58:31
- Re: Facebook Stock, turbosaab , Sun, 20 May 2012 07:32:10
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