[quote=markmax33]
I think the $125 was the projected with the multiple sorry for the mistake. In any case ad revenues are in the teens on the internet and they are stealing marketshare from TV left and right. It is a powerful business model and I suspect we won’t even have operating systems at some point in the near future and we will be operating on web infrastructure platforms like Facebook and Google have set up.
I do not suggest buying it in the first few days necessarily but google IPO’ed at $60/share if I remember correctly and are now $600/share. Be scared like these guys are, or follow the ad revenue like the smart investors and follow the trend of the under 35 crowd. Zynga will be just fine. Legalized online gambling is a sure bet in the USA at this point since they struck down the wire act.[/quote]
Yep, I thought FB was a fad, but guess who is laying off 30,000 people soon? Hewlett Packard. It seems that very few tech companies make any real profit these days outside of Apple, Oracle, MS, and GOOG. Intel and MS should heed warning from smart young people and stop wasting money on yet another boring OS/CPU. All the money is in software. Maybe they should train their people how to game FB apps. They could fire half the staff and get massive ad revenue. I gotta go, think Meg is calling me.
