Facebook shares

[badger7579]

Some of the investing "advice" on this thread is hilarious. Don't buy Facebook because the founder "doesn't care much for money"? Or "They're the next Friends Reunited"?

How out of touch are these clowns?

I prefer companies I invest in to have a boss that cares about the bottom line and shareholder return. Basic investing principle..

[jmo21]

I prefer companies I invest in to have a boss that cares about the bottom line and shareholder return. Basic investing principle..

Like Dante and I said, we disagree with that opinion.

[KittyCat]

What makes you think the site would be in decline? Even my older relatives are now opening accounts. I can only see usage growing.

Cos everyone's pretty bored of it - & the constant ridiculous changes (soon you'll need to go on a facebook course to use it) even if numbers are growing usage is declining - would love to know the % of dormant accounts or frequency of use.

I mentioned Friends Reunited cos they started the ball rolling.

There's no real alternative to Facebook atm - soon as there is - their finished! The 'olds' soon give up with it! & actually even tho their old they see it with fresh eyes for the pile of rubbish it is now!

[d000hg]

FB often post user stats. They went from 200m to 500m in a year. FB is THE social network and kids are certainly not getting bored of it, it's becoming a core part of how they communicate.

There was a report recently that FB now has more traffic than Google in the UK, IIRC.

[prozak]

There is just no money in this internet lark.

Stick to print media companies.

[KittyCat]

FB often post user stats. They went from 200m to 500m in a year. FB is THE social network and kids are certainly not getting bored of it, it's becoming a core part of how they communicate.

There was a report recently that FB now has more traffic than Google in the UK, IIRC.

People are very bored, have little/no money, cant afford to go anywhere/do anything - so become curtain twitchers!

Kids are bored - in general - not surprising with no real future to aim for - they might as well waste their time on it - better than hanging about at shops!

[d000hg]

It's both arrogant and totally foolish to think that everyone else shares your view of FB. You might not think it's worthwhile, and I don't like it either - but that's irrelevant to what the data actually shows. Which is that FB are planning to IPO with a valuation of $100bn, and that Google are spending probably $hundreds of millions to try and get a slice of the market.

Even if it is a fad, that doesn't mean buying is a bad idea - simply make sure you keep a close watch for the time to sell.

[jmo21]

Cos everyone's pretty bored of it - & the constant ridiculous changes (soon you'll need to go on a facebook course to use it) even if numbers are growing usage is declining - would love to know the % of dormant accounts or frequency of use.

Brilliant.

[KittyCat]

It's both arrogant and totally foolish to think that everyone else shares your view of FB. You might not think it's worthwhile, and I don't like it either - but that's irrelevant to what the data actually shows. Which is that FB are planning to IPO with a valuation of $100bn, and that Google are spending probably $hundreds of millions to try and get a slice of the market.

Even if it is a fad, that doesn't mean buying is a bad idea - simply make sure you keep a close watch for the time to sell.

Its amazing what people buy into!

I dont think everyone else shares my view - just how I see it - I just think in 5 yrs it will be a dim memory (like friends reunited) as the next best thing will be up & running - personally I use it but think its been ruined - the concept is overloaded & lost.

[d000hg]

I just think in 5 yrs it will be a dim memory

Did you think the same 5 years ago? If so, that just shows how massively, totally, unambiguously wrong you can be