Facebook Shares Yes/No?

vacheron

I'm not touching it with the proverbial 10 foot pole.

In the 20 odd years I've been online I've progressed through BBS/IRC > AOL Chat > Yahoo Groups > ICQ > MSN to name but a few. At the time each one seemed like a communications revolution and now most are just shadows of their former selves (if they even continue to exist at all).

I have had a Facebook account but deacitvated it years ago as it was far to bloated and cluttered for my liking. Though I can see why it will appeal to those new to online social networks.

All it takes is for someone to come up with another social site with a new twist that the users like and they will flock there in their millions almost overnight. None of the groups I've used in the past saw their demise coming, and neither will Mr Zuckerberg and his new co-owners.

As others have said it may be worth a punt to catch any initial hysteria, and maybe a couple of well timed shorts on the way down, but I certainly don't expect any gains in the long haul.

blinko

vacheron wrote: »

I'm not touching it with the proverbial 10 foot pole.

In the 20 odd years I've been online I've progressed through BBS/IRC > AOL Chat > Yahoo Groups > ICQ > MSN to name but a few. At the time each one seemed like a communications revolution and now most are just shadows of their former selves (if they even continue to exist at all).

I have had a Facebook account but deacitvated it years ago as it was far to bloated and cluttered for my liking. Though I can see why it will appeal to those new to online social networks.

All it takes is for someone to come up with another social site with a new twist that the users like and they will flock there in their millions almost overnight. None of the groups I've used in the past saw their demise coming, and neither will Mr Zuckerberg and his new co-owners.

As others have said it may be worth a punt to catch any initial hysteria, and maybe a couple of well timed shorts on the way down, but I certainly don't expect any gains in the long haul.

I don't think that facebook will be knocked off that easily. Its very well entrenched.

It will end up similar to amazon and have the most market share.

THe question is, is there any growth left in facebook ?

The revenues and margains are impressive, like with most internet IPO's its a nightmare to value

I think keeping a eye on for a short but then again with so much buzz, surely it will have to go up as every tom !!!!!! and harry buy in regardless of valuation !

sabretoothtigger

Growth would come with world growth, they can justify the PE if they were to greatly expand in Asia but I dont think they will be as successful in non latin script based languages & cultures.

I think the Japanese have something else they prefer instead for example

Ark_Welder

sabretoothtigger wrote: »

I think the Japanese have something else they prefer instead for example

Romaji?

sabretoothtigger

This blog talks about it. Facebook forces them to use their real names but Japanese are not comfortable preferring fantasy pseudonyms
(im not a real tigger )
and so on. FB is only undervalued if it really were global

http://tokyokawaiietc.com/archives/2407

http://www.penn-olson.com/2011/06/20/problem-with-facebook-in-japan/

StevieJ

from me too.

sabretoothtigger

http://www.marketwatch.com/bulletins/redirect/go?g={D655D328-0E3E-4FA7-B1D8-0234AF1A404E}&siteid=bnbh

net loss of $435 million, or $1.22 a share,

ses6jwg

I can't actually think of a worse investment

blinko

when are they actrually floating this monster ?