In regards to ebay, amzn, nike and dis, i think most people would agree that amzn, nike and disney will be around for a long long time and something our kids will continue to use…Bezos has been mentioned as probably one of the few ‘visionary’ CEOs now (like Jobs was) and his mindset is for the long term.
eBay, I don’t think so anymore since the founder left a LONG time ago and like you, I hate that company myself. eBay also hasn’t changed much from 12 years ago and I think that’s due to the founder leaving and not taking an active role (sell and move on).
FB was supposed to price around 28-35 or so, but that was probably before the revenue estimate drop so who knows what it should be worth now. I’m in no rush to buy yet mostly due to the huge amount of insiders who want to sell, especially now. You gotta figure their ESPP stock also is way underwater now even with the discount and would have to reprice probably at the lower point (if they are still doing that sorta thing).
In the US, anyone who wants to be on FB is already on there so the growth there is done as mentioned everywhere. It’s just a matter of whether they figure out mobile ads or not.
I just see people leaving the site like myspace, friendster as they get older, etc…
Also, as you get older and fall off the dating scene, I don’t think you really care anymore how many online ‘friends’ you have or letting people you see at most once a year know what you’re up to. Get kids and you’re so busy, all your time is just gone.
