On Tuesday, May 22, 2012 12:28:02 PM UTC-7, d. wrote:
> -DirtBag <
Di...@sonic.net> wrote:
>
> >So a what price WOULD Facebook (FB) be a 'great' buy? With all the
> >shares coming to market I think things need to shake out before we can
> >see some trade-able numbers and expected growth numbers. I am staying
> >away for now. How they monetize this and how intrusive it becomes to
> >users will all be worth watching..
> >
> >I am thinking $26-28 range?
>
> How can you do anything but guess when they aren't making any money?
I thought they made $255million in the latest quarter, on like
a $billion in revenue...even on a PEG basis, the $38/sh valuation
of $100billion+ is WAYYYY overvalued...
> In the worst case I guess users could flee as fast as they did MySpace
> as soon as a new and better gathering spot pops up.
Well, that's what I've always asked, whatever happened to MySpace?
And today, it was revealed that the underwriters deliberately hid
their opinion that Facebook growth would slow dramatically from here
on out, meaning that on a PEG basis, they are WAYYYYYYYYYYYYYYYYYYYY
YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY overvalued...but no
matter, this is retard stock, just like the website is a retard
website, and you can't expect a retard to correctly value a company,
let alone not give away their identity on the public Internet...
---
William Ernest Reid (I also have to wonder how they're going
to "monetize" "Dumb Mikey Lubow" Tenenbaum's Facebook page, maybe
ads for toy planes he can fly around and make plane noises?)