Jump on the Facebook IPO?

[jkust]

Re: Jump on the Facebook IPO?

FB is an interesting one to me. I get it but I don't care that you got a new car or are having a case of the Mondays so I don't look at it very often. I'd have been more interested in the Linkedin IPO. I get calls from NY stockbrokers looking to drum up business. I got called a while back about getting in on the FB IPO and I passed.

 

[Summer Fun]

Re: Jump on the Facebook IPO?

My friend Brad bought into FB and he lost over $1.5k so far.

Yep, I warned him not to buy.

 

[bruceb58]

Re: Jump on the Facebook IPO?

The company I work for is in existance because of the internet as well as thousands of other companies. It had its IPO 12 years ago and has been profitable every year since. Bubba, this isn't the first time you make these wild *** statements with nothing to back them up.

 

[Davem3]

Re: Jump on the Facebook IPO?

Got in a conversation with half a dozen people talking about how they are going to jump on the upcoming Facebook IPO. Being the conservative (financially conservative) type all I could do was shake my head and say not a chance for me. When I buy a stock I want there to be actual assets worth something.

But then, I'm also of the opinion Facebook is another fad that will fade when something new comes along like so many social sites before it. Besides, I'm of the opinion that unless you can play large you end up being the one holding the bag on IPO's.

anyone remember AOL???

 

[bruceb58]

Re: Jump on the Facebook IPO?

anyone remember AOL???

Its still in business if that's what you are asking. Obviously not the same company as before once Time Warner spun them off but its still there. More of a news company now that it acquired the Huffington Post. It makes a profit too.

 

[Davem3]

Re: Jump on the Facebook IPO?

Its still in business if that's what you are asking.

really, when is the last you time YOU signed on, me it have been over 12 years ..................

 

[Summer Fun]

Re: Jump on the Facebook IPO?

The company I work for is in existance because of the internet as well as thousands of other companies. It had its IPO 12 years ago and has been profitable every year since.

What company is that ??.

 

[bruceb58]

Re: Jump on the Facebook IPO?

really, when is the last you time YOU signed on, me it have been over 12 years ..................

That's not their main business model anymore.

 

[bruceb58]

Re: Jump on the Facebook IPO?

Face Book shares can be had on the cheap today, jump right in...

They are going to drop lower...similar to what GM did!

 

[bruceb58]

Re: Jump on the Facebook IPO?

The next wave on the internet is going to be the switch to cloud computing with companies having massive data centers. Google is going to be a part of that, Facebook, and Apple as well. IBM has already moved their business model for many years to it. There will be a day when you don't install any programs on your computers. Everything will be cloud based. PC as we know them will be a thing of the past.

 

[bruceb58]

Re: Jump on the Facebook IPO?

As far as AOL is concerned they have to stop "reorganizing" or they won't be around much longer. Last I looked they lost something like 42% of their value in just the last year and are valued somewhere around $1.3 billion. Like other sites they have found that monetizing their site is extremely hard to do. (Gee, where have I heard that?)

Opps, almost forgot, here you go. :facepalm: :facepalm: :facepalm:

Maybe you should look again and get your facts straight. They are near their 52 week high and valued at $2.54B

 

[sam60]

Re: Jump on the Facebook IPO?

Maybe there should be a new thread for dockside arguments. Sometimes they are more common than chat..:facepalm:

 

[bruceb58]

Re: Jump on the Facebook IPO?

So Bubba, please tell me why data centers are one of the fastest growing segments in the wire based ethernet business if not for cloud computing?

Edit: I see you deleted your original post!

 

[Bigprairie1]

Re: Jump on the Facebook IPO?

So Bubba, please tell me why data centers are one of the fastest growing segments in the wire based ethernet business if not for cloud computing?

Edit: I see you deleted your original post!

Bruce......respectfully, I think you are missing the main point of the discussion here. We are not flogging the future world of data companies on the internet with the ol' "just you wait and see" angle.
What we are discussing is the value of Facebook to most investors right now...and most investors includes, I'm sure....very savvy internet investors out there. I am not one of them on either front...but I do trust that they know what something is...and isn't worth. The dot com happened for an excellent clear reason....at the end of the day, something has to make money......and visiting and chatting on line may not be the best fundamental format to make substantial money from....and I'm sure you know this.
Anyways, with the result (so far) that Facebook has yet to prove its value in the 'billions of dollars' market thing and thus....its value has dropped since its IPO.
Now....this looks to me like an opportunity for....you...to get in there tomorrow and buy up some of that stock!!
All good...and I'm outta here.
BP

 

[bruceb58]

Re: Jump on the Facebook IPO?

Bruce......respectfully, I think you are missing the main point of the discussion here.

I think the main discussion was the value of Facebook as it exists now and I believe as well as you believe that it is overpriced for what its near time profits show.

I know I got off on a tangent with the data centers and cloud computing but that is the future of the internet including that for Facebook and there are areas besides just advertising that are in Facebooks business future.

Most of the "off topic discussion" was in the response to this quote:

Monetizing the internet has always been problematic at best, the exceptions being porn and advertizing

 

[foodfisher]

Re: Jump on the Facebook IPO?

Bruce, you got a couple shrugs. Chill man. Your info is very enlightening but please offer it in a less in your face way. Just saying

 

[Slide]

Re: Jump on the Facebook IPO?

Facebook is in the business of information. We the users are Facebook's product. You can't accurately analyze the business without understanding that first and foremost. It's a market analysis platform just as much as it is an advertising vehicle.

 

[dolluper]

Re: Jump on the Facebook IPO?

Facebook is not worth 3 times the price of RIM.....RIM is worth alot more than its current price .....just in patends,assets.....my 10 cents

 

[bruceb58]

Re: Jump on the Facebook IPO?

Facebook is not worth 3 times the price of RIM.....RIM is worth alot more than its current price .....just in patends,assets.....my 10 cents

Its actually over 10 times. You need to look at market cap. Price per share alone doesn't mean a lot since it has to do with the combo of the price and total number of shares. That being said, the two companies are in two completely different markets. Hard to compare them.

Personally, 2 stocks I like are Altria(MO) and Alcatel Lucent(ALU). Altria gives a 5% dividend but not much growth as long as you don't mind supporting "The merchants of death". My theory is that people around the world are going to smoke no matter what the economy is like and what smoking does to you.

ALU has gotten hit hard my the whole Euro crisis but will come back strong once the dust settles.

 

[bruceb58]

Re: Jump on the Facebook IPO?

Apparently a lot of stupid people got caught up in the frenzy:
http://finance.yahoo.com/news/facebook-investor-spending-months-salary-073842218.html