if they have a few more dollars to lose, let me know. :fp:
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rick1zoo2
between a rock and a dumb place Posts: 12,632
ok, help me understand this: the Facebook IPO is now estimated to raise $16B. I assume that the value of Facebook is mainly derived from future revenues, which I still don't quite understand how they are generated and to the magnitude that would warrent such a huge value. So other than the fact that it is a hot company right now, which is driving up the value, how can anyone think that this would be a good long-term investment?
Second thing I don't get is what do they need $16B for? It's not as if they are building massive factories or facilities. If they go bankrupt, was assets will they have to sell off to creditors?
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81
Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
looks like about half is going to current owners that are selling. zuckerburg or whatever his name is getting over a billion of it. some artist dude is in line to get 200M+
in Q1 of this year, 82% of the revenue was advertising, with the rest being payment processing for facebook purchases (this farmville).
seems like people are over paying for facebook at these levels. i dunno...
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rick1zoo2
between a rock and a dumb place Posts: 12,632
it just looks to me to be overvalued. at the end of the day, no physical plant other than some data centers and servers and no real product that is being sold or produced.
it just looks to me to be overvalued. at the end of the day, no physical plant other than some data centers and servers and no real product that is being sold or produced.
Who cares? It's new and shiny and I want one daddy!!
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81
Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
it just looks to me to be overvalued. at the end of the day, no physical plant other than some data centers and servers and no real product that is being sold or produced.
i think it's over valued as well, but not because they don't produce a physical product. lots of companies don't produce anything physical. just look at google, or microsoft, or your local cpa.
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rick1zoo2
between a rock and a dumb place Posts: 12,632
true.
but, f facebook
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rick1zoo2
between a rock and a dumb place Posts: 12,632
I'll prob add FB to the portfolio once it goes down in late Q2-early Q3
"FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
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81
Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
are we in a second .com boom/bust cycle
just saw they are saying pintrest is worth around 1.5B
Here we go. $4 premium. The cross is going to be 38-42.
"FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
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81
Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
Here we go. $4 premium. The cross is going to be 38-42.
must be about time...my broker's site is slow
Its now delaying. Cramer is nervous.
"FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
Can someone here make a PJ mutual fund that you all decide on? You are all smarter than me... and my small retirement plan is currently under performing. If you tell me facebook and pinterest are the future I will blindly follow you!
BD, the delay appeared to be due to institutions getting their full allocation. This almost never happens right?
"FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
Jamie Dimon must be happy he's off the front page today
"FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
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81
Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
Comments
fuckin...pay your bills. :fp:
if they have a few more dollars to lose, let me know. :fp:
Second thing I don't get is what do they need $16B for? It's not as if they are building massive factories or facilities. If they go bankrupt, was assets will they have to sell off to creditors?
if you are bored and want to read about it
http://www.nasdaq.com/markets/ipos/fili ... id=8218637
in Q1 of this year, 82% of the revenue was advertising, with the rest being payment processing for facebook purchases (this farmville).
seems like people are over paying for facebook at these levels. i dunno...
i think it's over valued as well, but not because they don't produce a physical product. lots of companies don't produce anything physical. just look at google, or microsoft, or your local cpa.
but, f facebook
http://www.cnn.com/2012/05/16/tech/soci ... ?hpt=hp_c1
still: f facebook
just saw they are saying pintrest is worth around 1.5B
sounds like facebook is going to be valued at something like $106B when this is all done. that give you a P/E of 106, and a P/S of 28.6
:fp:
gonna have a higher market cap than ford, kraft and disney.
last year kraft had revenue of 54.3B and a net income of 3.5B. current market cap of 68B (pe 19.4, ps of 1.3)
something ain't right.
www.youtube.com/watch?v=DTFSLHHEMa8
never. for a long time, I didn't even know that there were adds on FB, I never saw them.
it's like a huge bubble and someday it will burst and be worthless
"I went home with a waitress, the way I always do
how was I to know she was with the Russians too"
I love that line
must be about time...my broker's site is slow
And flipping flippers :evil: