Thread: facebook
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Old 05-18-2012, 03:32 PM   #1
henry quirk
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Join Date: Jan 2009
Posts: 2,162
facebook

What exactly makes facebook 'worth' the godawful amount of money the talking heads claim?

Seems to me: facebook's current 'value' is based solely on the possibility the company can -- in some fashion -- turn a buck (by way of service or product or advertising) tomorrow.

Seems to me: buying facebook stock is just buying very expensive lottery tickets.

What am I am missing?
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