Re: OT Facebook IPO

They have ads, and reach to 450 million users. Just as Google is free,
so is Facebook. There's value, I don't see FB going anywhere anytime
soon.

I wouldn't bet the farm on it, but 5k in savings nets you 0.01%
interest. Takes risk to make money savings and money market aren't
cutting it.

I had an order but it didn't get filled. Have to recheck and see.
Keep in mind I'm buying 10 shares as a hobbie. Coincidently, my CSCO
shares are down as of right now so food for thought.

Linked in is doing good since it went public 133% percent if I
remember right. Groupon, Zynga, etc, aren't used to the extent of
Facebook.

My .02... Keep studying and get the IE, unless you're charting,
planning and researching and make stocks your full time gig, it's a
hobbie. Just like gambling. 5k in a Roth, makes money for retirement
tax free. If I lose it, I won't be configuring ASAs in the street.

My token disclaimer, past performance isn't an indicator of future results. :D
JB

Sent from my iPad

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

> 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.ust com>
>>
>>> 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 - 17:58:45 ART