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Thread ID: 124785 2012-05-19 05:24:00 Facebook IPO Falls Short Of The Hype SurferJoe46 (51) PC World Chat
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1276238 2012-05-19 05:24:00 Well!!!!!

This is good news . Perhaps this is the beginning of the end of FaceBook!

LINK::: . latimes . com/business/la-fi-facebook-ipo-20120519,0,6863952 . story" target="_blank">www . latimes . com

A small snippet:::


Walter Hamilton, Jessica Guynn and Tiffany Hsu, Los Angeles Times - May 18, 2012, 8:03 p . m .

There wasn't much to like about Facebook's first day as a public company . :blush:

The social media giant's stock rose by mere pennies in its initial public offering . The shares closed at $38 . 23, barely above the $38 IPO price . :crying

The performance fell far short of the grandiose expectations of Wall Street and Silicon Valley, and raised questions about whether the company's stock will be the sure bet many had counted on .

"There was all this pressure and hype and attention with all eyes on Facebook — and the starlet tripped on the red carpet," said Max Wolff, an analyst at GreenCrest Capital Management in New York .

:cool:
SurferJoe46 (51)
1276239 2012-05-19 05:59:00 Yeah only worth 100B, beginning of the end for sure. Alex B (15479)
1276240 2012-05-19 06:25:00 I like Facebook and think it is a great tool and see it growing.

But if I had any spare cash I would not have bought shares in it.

I think it is going to have a hard time making money and paying for all its bandwidth without massive changes, and now the corprorates will take over, and it will change.
Digby (677)
1276241 2012-05-19 07:56:00 I see the stock-market analysts were the one hyping it up and when it didn't close at up 20% at the end of the first days trading they're now calling Facebook a failure. Guess they're peed of that they didn't get their big commissions today.. paulw (1826)
1276242 2012-05-19 10:49:00 I see the stock-market analysts were the one hyping it up and when it didn't close at up 20% at the end of the first days trading they're now calling Facebook a failure. Guess they're peed of that they didn't get their big commissions today..

They will always do this as they make money buy selling and reselling shares. I think there is currently another .com type bubble, but I do think that some of these companies are quite valuable, just nowhere near as valuable as they currently are. They still haven't really found a good way to monetize it yet. It makes about 1 billion a year, but is valued at 100+ billion. I think it is worth closer to 20 billion, at the moment, but it does have huge potential. But things change very quickly. Look at myspace and yahoo. A few years ago they was very popular and valuable. Today they are worth only a fraction.
robbyp (2751)
1276243 2012-05-19 13:43:00 I can't remember where I saw it, but there was a profit graph set up and showed a trend of FB falling over the last year or two. I wouldn't invest in shares at all.
Also they are starting to implement pay-for features now, so actually making the user think about their wallet too... I'd say if it keeps going in this direction it will certainly fall.
rob_on_guitar (4196)
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