Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
User Settings
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Report this Comment
Use this form to report the selected comment to the moderators. Reporting should generally be used only if the comment breaks forum rules.

9. Re: Morning Metaverse May 22, 2012, 14:31 Beamer
Silicon Avatar wrote on May 22, 2012, 14:14:
Facebook seems like a short term investment and it seems really over-valued for what it is. Didn't anyone learn anything from Myspace? People switch social networking sites like tissue paper.

Well, Facebook has become pretty well entrenched as a standard, and people that aren't huge internet people think it will be here forever. In truth, people like us have been claiming it would die ever since our grandmothers friended us, and years later it's still growing.

But growing slower.

And yeah, it was overvalued so people could say it was a hundred billion dollar company. I can't imagine Morgan Stanley didn't expect a decline, but I'm thinking they thought the initial hype would carry it 6 months. It didn't even carry 6 hours...
Music for the discerning:
Login Email   Password Remember Me
If you don't already have a Blue's News user account, you can sign up here.
Forgotten your password? Click here.


Blue's News logo