Facebook IPO (are you buying?)
 

Facebook might be going public this may. Who is thinking about getting it? I am serious considering it.

Nope. I will be buying more defense stocks.

I think facebook is already at their peak, they will be lucky to maintain into the future, I think they will decline someday not too far ahead, maybe rapidly :2 cents:

People also said google $100 ipo was overpriced....its around $580 now.

someone paid $600 million for Myspace a few years ago too :2 cents:

If you think Facebook is anywhere remotely close to MySpace then you shouldn't be trying to make money online. :thumbsup

it won't fall as quickly or dramatically

Facebook is not even on the same planet as MySpace. How can you work online and not see this? There are individual companies using Facebook as a platform that are worth BILLIONS of dollars themselves, combine that with thousands of developers and hundreds (thousands?) of partner sites and Facebook is here to stay. It would take an act of God to knock them off of their perch and anyone ignoring them or isn't at least aware of what they are is oblivious to the internet around them.

nothing is forever on the internet. look at the top ten tech companies of 2006.

we must spend every waking hour plotting the demise of facebook, promoting their downfall, facebook is evil and must fail, the internet is a much worse place since facebook came into being, we must all do our part to undermine and remove this scourge ........

Here are some leaked revenue numbers.

Jan. 2011 ? Sept. 2011

Assets: $5.6 billion
Cash/cash equivalents: $3.5 billion
Debt: $0
Shareholder equity: $4.5 billion

Operating cashflow: $1 billion
Revenue: $2.5 billion
Operating income: $1.2 billion
Net income: $714 million

facebook=land of suckers,losers,unhappy people

I think that's pretty obvious, but consider that Facebook is trying to IPO at a level that's what, 140 or so times what MySpace sold for at its peak? I'm sure it makes a lot of money but I don't see that growing much further over the next few years, and if those leaked numbers are correct, $100B would be about 140 years of net income if it stayed steady?

I don't see how they're a sound investment at this point. Obviously up to this point they have been, but they're being evaluated sky high based on the growth leading up to now, which is not going to be the growth they'll see in the coming years.

newscorp made billions from myspace at its peak
first google contract alone was $900m for 3 years and thats not counting all other ad space

Yeah, many people I know do not like Facebook anymore, its not trendy when your grandma is on it. Plus they change shit around too much, most of their changes are not improvements either, like their new chat... its completely unorganized compared to the old chat, plus they removed links to peoples profiles... so really its a downgrade... wtf are they doing?

Just because they IPO doesn't mean you can buy the stock right away though... if you do have that opportunity, id say buy it because Facebook is a sexy company, people will be stampeding to get some of that stock, at least at first so it should bump up right off the bat.

Lets not forget that what they make doubles year over year.

the fuck no

No way, unless i feel like gambling for fun.

All my money's tied up in FFN and the gold stock xxxjay was pimping.

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:2 cents:

a lot of people would have bought into a myspace ipo as well

Agreed! It won't last forever. Something better will come around and the kids will jump ship leaving only moms on there.

i'm buying why, because there won't be another FB for 5yrs or more. as long as Mark Z. stays in charge they'll be on top. He's young and smart ... not a corporate of old people trying to be innovative

Yep Depending on the opening price I might drop some bills into it.

not sure why people are doubting their growth potential here. Generally companies come out with an ipo so they can expand and grow their businesses even further. I'm sure they wouldn't do this without a strategy for that.

I still don't like tech stocks in general, far too hard to predict for my likings, but this one definitely seems like it could have some potential.