View Full Version : How low can facebook go?
phantom_opera
03-08-12, 09:30
The biggest technology IPO disaster ... Facebook is now at USD20, 50b market cap is gone from its first day peak of USD45, the size of loss is bigger than HP or Starbucks
At market cap of 42b USD at current market price of USD20, it is still more expensive than HP, CA, Morgan Stanley, DELL ... to give a hint on its valuation, it has roughly the same market cap of Goldman Sach and 1/4 of IBM or Oracle :doh:
I think history will remember this terrible Ponzi IPO
The biggest technology IPO disaster ... Facebook is now at USD20, 50b market cap is gone from its first day peak of USD45, the size of loss is bigger than HP or Starbucks
At market cap of 42b USD at current market price of USD20, it is still more expensive than HP, CA, Morgan Stanley, DELL ... to give a hint on its valuation, it has roughly the same market cap of Goldman Sach and 1/4 of IBM or Oracle :doh:
I think history will remember this terrible Ponzi IPO
No choice. If you're a hedge fund and you didn't put in money during the IPO (even at the ridiculous prices) and it succeeds. You'll look like a fool to the others. Not that you won't now, but at least it's a case of everyone suffering together.
But FB is miles ahead of its competitors unlike HP, DELL etc....the world can definitely do without either computing companies and some slight adjustments here and there but FB. At least for the 35s and below, it would be a disaster.
phantom_opera
03-08-12, 10:28
No choice. If you're a hedge fund and you didn't put in money during the IPO (even at the ridiculous prices) and it succeeds. You'll look like a fool to the others. Not that you won't now, but at least it's a case of everyone suffering together.
But FB is miles ahead of its competitors unlike HP, DELL etc....the world can definitely do without either computing companies and some slight adjustments here and there but FB. At least for the 35s and below, it would be a disaster.
How about Google+ and LinkedIn (this is more for corporate) ?? FB is not in monopoly u know.
It is a great co. The problem of course is its valuation.
How about Google+ and LinkedIn (this is more for corporate) ?? FB is not in monopoly u know.
It is a great co. The problem of course is its valuation.
I don't see evidence of monetization. Not in my fb app on my Android device at least. Unless they have secretly sold my details and likes to 3rd parties without my knowledge, there is NO WAY the current (lack of) in your face advertising gonna rake in the dollars.
phantom_opera
03-08-12, 14:52
I don't see evidence of monetization. Not in my fb app on my Android device at least. Unless they have secretly sold my details and likes to 3rd parties without my knowledge, there is NO WAY the current (lack of) in your face advertising gonna rake in the dollars.
They keep your data from the beginning .... super computers analyzing every comment, friend of yours ... they already or will sell it to advertising co
Once, Steve Jobs appear in a photo with racks of super computers behind him, someone asks him are those computers storing ITunes music, Steve said no, it is for analyzing consumer behavior :tongue3: why do u think u need to provide your credit card # when activating iPhone/iPad :scared-4:
In FB/Google+ or iTunes, there is hardly any privacy dude
No wonder some people who worked in Tech for 15 years say Technology is Evil.
phantom_opera
03-08-12, 15:09
No wonder some people who worked in Tech for 15 years say Technology is Evil.
It becomes worse simply because big co can correlate your behaviour easily ... for example your daily activity:
1. Login to facebook, comment about you like this like that ... recorded
2. Go to another website that allows to use facebook account to sign on ... again recorded
3. Your company may use Google mail or you may use your personal google mail, recorded
4. Login to iPhone/iPad, buy something, play some games, surf porn website, recorded - bring iPhone to Geylang recorded
5. Login to garmen website using SingPass, recorded
Next time Google may buy Facebook, Apple may buy Facebook or something or they may decide to sell data to each other
Big brother watching, no escape
It becomes worse simply because big co can correlate your behaviour easily ... for example your daily activity:
1. Login to facebook, comment about you like this like that ... recorded
2. Go to another website that allows to use facebook account to sign on ... again recorded
3. Your company may use Google mail or you may use your personal google mail, recorded
4. Login to iPhone/iPad, buy something, play some games, surf porn website, recorded - bring iPhone to Geylang recorded
5. Login to garmen website using SingPass, recorded
Next time Google may buy Facebook, Apple may buy Facebook or something or they may decide to sell data to each other
Big brother watching, no escape
Talk about flipping properties... recorded.
Talk about buying geylang walkup and partitioning into 5 rooms... recorded.
Talk about buying MM to house mistress.... recorded.
Tcss in condosingapore.com forum... not recorded - but journalists come here to steal ideas for article. :hell-hath-no-fury:
phantom_opera
03-08-12, 16:34
Talk about flipping properties... recorded.
Talk about buying geylang walkup and partitioning into 5 rooms... recorded.
Talk about buying MM to house mistress.... recorded.
Tcss in condosingapore.com forum... not recorded - but journalists come here to steal ideas for article. :hell-hath-no-fury:
Your identity is never secure. Although u use a nick, it is easy to trace your ip belong to which house or which co ... as simple as 123
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