Facbook IPO?

[porsche4life]

What do you financial guys make of this?

BBC News - Facebook 'to go public with $10bn share offering'

[Rick Lee]

I wonder how they're doing this. Wasn't Google's IPO sort of a Dutch auction or something? What's the expected opening bid on FB?

[lonewolf]

Be interesting when they open their books and we see where this evaluation comes from.

[wdfifteen]

I'm no financial expert, but I think there is a bubble in the works for these internet companies. I'm staying away from them.

[jhynesrockmtn]

I kind of agree on the bubble thing. Very few have been able to translate an internet business model in to sustainable earnings/growth. Yahoo and Ebay were once high flyers. MySpace used to be the *(&^. Amazon does seem to have it figured out but their business is different. I think Facebook will have a tough time longer term once people tire of it. A trader who watches the stock daily might do fine getting in and out at the right time. I have no interest in that.

[gassy]

Social media has usually flopped on Wall St.-- groupon and Zynga just to name two. Avoid it.