[quote=enron_by_the_sea][quote=AN]
Burn baby burn…. We still have almost 2 months to go to. If Europe explode, man, this thing might go down to single digit.[/quote]
Jerry Brown should be truly worried. He is counting on $1.5B revenue from FB IPO assuming $35 price …
That article really doesn’t make a lot of sense. I read weeks ago about this, and the forecast was 2.1 billion over the 2012 and 2013 fiscal years. Only $500 million of that was for the current year, all related to the IPO. Declining value after the IPO doesn’t adversely affect that.
The subsequent $1.65 billion assumed the stock went to $45/share, and the revenue would be next fiscal year.
