Thread: Facbook IPO?
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jhynesrockmtn jhynesrockmtn is online now
Zink Racer
 
Join Date: Aug 2005
Location: Spokane WA
Posts: 4,094
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.
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Jerry
1983 911 SC/Carrera Franken car, 1974 914 Bumblebee, 1970 914-4, 1999 323ti
Old 01-29-2012, 03:54 PM
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