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| [May 09, 2012, 10:54 am ET] - Share - Viewing Comments |
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| 9. |
Re: Morning Metaverse |
May 9, 2012, 14:12 |
Parallax Abstraction |
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killer_roach wrote on May 9, 2012, 14:06:
Could be worse, could be the Facebook IPO that's upcoming, which I wouldn't touch with a ten foot pole. It's profitable, but it's spiraling upward in size without improving its profits. (Unless you are assuming the company will start seeing its profits mushrooming, its earnings would indicate a market cap somewhere in the $10 billion range, not an order of magnitude higher.)
Given that Facebook has openly admitted that they have no idea how to monetize mobile users of their site which is quickly becoming how the majority will access it says a lot. I also wonder how many investors are going to be smart enough to sell their Apple stock because the fashion bubble on them bursts and their sales drop to a sustainable level. That stock is going to drop like a rock when the current unrealistic growth plateaus. |
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