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They won't buy because they don't understand it. Doesn't mean someone else shouldn't. They're old and openly admit to not understanding the tech world, they don't buy any tech stocks.
They won't buy because they don't understand it. Doesn't mean someone else shouldn't. They're old and openly admit to not understanding the tech world, they don't buy any tech stocks.
I agree. I also think that the privacy issues will mushroom for them and more regulation will be enacted over time, which will kill the stock prices in the long run. A very risky bet unless you are in on the IPO and sell right after it shoots up.
Believe they have also bought IBM? Referencing aapl, goog, msft, the other plethora of smaller, new ones.
Better to skip on a few new tech speculations and avoid a News Corp moment. Buy for $580, sell for $35. Or that whole AOL Time Warner thing.
I wouldn't touch Facebook. The P/E ratios they're looking at are beyond high, and being an old foggy I just don't see how Facebook is going to increase its revenues by that much. Google is growing revenue faster than Facebook, and most indications seem to be that Facebook is beginning to slow down its growth. So why does Facebook have a P/E ratio of around 100? Five times that of Google? No. Pass.
If the demand is there is could price higher than $35.
Facebook reports that it is over subscribed, so the offering price may be at the high end of the range, or higher.
And less people will get any. I've asked for 200, and the last few where I've asked for 200, I only got 100. So, I do not expect to get any.
Trading begins may 18th. There are a limited number of shares being offered to the retail investor (12% of overall company). This will inherently drive up demand in the retail sector because of the supply being offered. I agree that consumer are fickle, and as much as I hate to follow the crowd I have to make an exception this time around, the subscriber base is just off the charts. The downside is that it will take some time to monetize that base. The subscribers are growing faster than the revenue. It's not a bad thing, but if your looking at price to earnings ratio your patience will run out with this company if it hasn't already. I'm more afraid of not doing anything than sitting on the sidelines. Put me down for 200 shares and let Zuck do what he does best...Innovate.
I think the Google Brats are likely to finally come up with a Facebook Alternative that's genius and make FB a "has been" very quickly once they launch the right idea.
I think Google is becoming the next Microsoft or Yahoo.
FB is hot now, but I think they've peaked. The older generations are joining, but the younger generation is becoming less active on it. Not to mention the UXD experience is rather terrible, and it's a bit arrogant.
Apple and Amazon, IMO, are the big players moving forward.
Quote:
Originally Posted by Tappan Zee
Anyone know why Zuck is selling on the day of trading 30,000,000 of his own shares if he believes in the company, is it to raise money and pay taxes?
I believe it's a tax move on his equity. Is their a lock-in period for investors?
Last edited by Wolfpacker; 05-11-2012 at 10:19 AM..
Better to skip on a few new tech speculations and avoid a News Corp moment. Buy for $580, sell for $35. Or that whole AOL Time Warner thing.
I wouldn't touch Facebook. The P/E ratios they're looking at are beyond high, and being an old foggy I just don't see how Facebook is going to increase its revenues by that much. Google is growing revenue faster than Facebook, and most indications seem to be that Facebook is beginning to slow down its growth. So why does Facebook have a P/E ratio of around 100? Five times that of Google? No. Pass.
If you think a P/E ratio of 100 is high... check out LinkedIn's (LNKD) absurdity.
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are likely to finally come up with a Facebook Alternative that's genius and make FB a "has been" very quickly once they launch the right idea. 
