Re: OT Facebook IPO

http://www.forbes.com/sites/timworstall/2012/05/16/reasons-not-to-buy-the-facebook-ipo/

On Fri, May 18, 2012 at 3:21 PM, Haroon <itguy.pro_at_gmail.com> wrote:

> facebook has one thing going for it and its the hype... which seems to be
> settling down as stocks is back at 38 mark. i would stay away from these
> kinds of stocks. just look at stocks from linkedin, groupon, etc. you have
> to make money and delivery on anticipations for future earnings.
>
>
> On Fri, May 18, 2012 at 3:05 PM, john matijevic <john.matijevic_at_gmail.com>wrote:
>
>> Team,
>>
>> Saw interview yesterday with Mark Zuckerberg on CNBC 2 hour coverage,
>> today is the IPO, with facebook being another social network as
>> myspace, is there money to be made through advertising through the
>> social media, was discussing with collegue of mine at work, right now
>> people are on facebook because its free if they charged to use the
>> service, I doubt they would have such a large user base, however, if
>> you get bombarded with advertising will people still use the product,
>> could it be another Myspace? last I checked shareprice was about $45 a
>> share. Would think that perhaps another google, apple that will go to
>> $100-$200/share? But not really a product other than a fun website for
>> social only. Still hesitent to invest, even though a lot of people
>> will become billionaires today, Interesting topic, but just want to
>> keep this offline as to not flood the groupstudy and interrupt the
>> study. Please unicast me to discuss further if interested.
>>
>> Happy Friday to Team, and enjoy the studies over the weekend!!!
>>
>> Regards,
>> John
>>
>>
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Received on Fri May 18 2012 - 16:01:48 ART