Facebook IPO

[ray4jc]

If they filed it's a public record. No secrets in going public just interested in the name of the company. I'm seeing only Enerkem Inc and Foresight Energy Partners LP along with Facebook for February.

it starts with the same letter as facebook

[Fishon]

Symbol FB

UPDATE: Facebook Expected To Rise On First Day - WSJ.com

[LIVEFRMNYC]

I personally don't see FB as a great buy. Sure, if you buy a large amount of shares you'll make something, but those thinking about buying just several hundred won't see any great gains. If it does have a huge increase, I think it will be momentary. Maybe a quick jump from $45 to $90 that will last a week or so. But will take a quick dive back down. Just my opinion.

[Kuroi-Tsubasa]

I'd be worried if the mutual I'm using buys into this IPO...

I believe that FB is overvaluing their IPO. All I see it as is just another social network; a fad? Maybe, but this will probably be a "longer fad" than others like MySpace. For the referral scenario, I think that most people would actually use Google or another search engine instead of asking friends at first (at least this is how it works with people I know). As far as I'm concerned, Facebook is just a means for Zynga to off-load garbage Flash games, advertisers to advertise, and for building up a hefty personal data bank to sell out to yet more advertisers.

I'm skeptical of how many actual users of FB there are, with the problems already pointed out in this thread. I'm also wondering how much ad revenue they actual make, with a lot of people using Ad-Blocker Plus and other software to filter out that garbage.

Or maybe I suck at using FB? Only have about ~170 friends added, and I delete regularly, so maybe I'm not a good representation of the average FB user?

[LIVEFRMNYC]

The more FB tries to crawl under everyone's skin(figuratively speaking), the quicker it will go downhill. It really depends on how much sharing of info users will continue to allow. Users will most likely either stop using FB or it will become a trend not to give correct personal info. Either way I only see FB as a short term buy as large shares purchases only. Basically only the rich will benifit from buy FB.

Average folks who buy big with their life saving & etc, will get screwed unless they are pros.

[invisible]

To be honest I wouldn't be at all surprised if FB shares ballooned like google's. What people are forgetting is that Facebook is owned by Microsoft, so it will have a strong backing.
If I had the money I'd buy a couple of thousand shares and sit back and wait until it ballooned to 500+ per share, and cash it in for a cool million.

[Kuroi-Tsubasa]

This is relevant to our interests.

[DexterMorgan]

What is the competitive barrier to facebook? By that I mean how difficult it would be for say dexhang to come up and leech customers away from facebook?

For google-search, the barrier is significant, there have to be lots and lots of servers, running search algorithms etc. It would be very difficult for a small upstart to do this in a cost efficient manner.

Facebook ---- I am not sure. On the objection that facebook is already popular ---- people can have accounts both at facebook and dexhang. And as dexhang gains more and more popularity, shift their time in a continuous fashion. They lose nothing by having two accounts.

[Greg]

Looks like the underwriters had to buy up ~50% of the stocks just to keep the price from falling below $38. Expect prices to fall further as time goes on.
Morgan Stanley, Goldman got 53% of Facebook shares - MarketWatch

[LIVEFRMNYC]

This is relevant to our interests.

Yup, I don't see their earning reaching that high anytime soon unless they do something spectacular or expand into a differ field. Other than that it's going to be a flat road(with minor bumps) or a complete bust one day.