Facebook Price at $38 ($104Bn)

[Sparafucil]

You don't really think the situation these days is anything like the dot com bubble do you? *prays and looks to god*

I'm talking about Facebook, not "the situation", whatever that means.

And yes, Facebook's valuation exhibits the classic warning signs of a dot com bubble.

[alaskan_thunder]

I was going to say 25-29$ a share was more realistic for its IPO. But those stupid private inv. inflating it all the way to 38$? No thanks.

[zeddoo]

And yes, Facebook's valuation exhibits the classic warning signs of a dot com bubble.

Nothing like shareholder's demanding profits to run something into the ground. One of the reasons FB is still as popular as it is is because they haven't tried to monetize it in every way possible. That literally just changed. Someone else will come around with a new site with much less adverts, content on making $100's of millions instead of billions and there goes that user base on FB that was worth $100b.

It is not like we literally haven't seen this happen before. There is no way for FB to get the revenue necessary to justify this price without destroying the very thing that made them valuable.

[LordInfamous]

It's gonna be a scam ... people within the company are already ready to sell their shares.

[Lord_P]

I'm talking about Facebook, not "the situation", whatever that means.

[dangermoose]

I'm talking about Facebook, not "the situation", whatever that means.

And yes, Facebook's valuation exhibits the classic warning signs of a dot com bubble.

Don't play dumb to try and make me look stupid, you know exactly what I mean by "the situation today", especially when it's in comparison to the dot com bubble.

Sure the share prices might be slightly high at the IPO, but some people can see the value in being part of something over the financial outlay.

Nice bit of sensationalism by the way.

[Snoopy_UK]

Mark Zuckerberg should sell it now and start creating something else, cos it won't last forever and eventually it'll probably become worthless or more trouble than its worth.

Maybe he could start investing in space exploration etc like Richard branson, cheap flights to the moon and all that.

[dangermoose]

cos it won't last forever and eventually it'll probably become worthless or more trouble than its worth.

What are you basing that on? If we all had that attitude there would be no cars, computers, or aeroplanes.

[reactivator11]

no cars, computers, or aeroplanes.

That the most ridiculous analogy I've ever heard.

[Horrorwood]

That the most ridiculous analogy I've ever heard.

No its not? Calling a good thing "more trouble than its worth" ?