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WOW, 19.00 a share for Facebook shares

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WOW, 19.00 a share for Facebook shares
hal Online
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#4
08-16-2012, 09:55 PM
GGD wrote:
The P/E is still close to 70, still lots more room for it it fall. Reminds me of 1999 all over again.

PE of 70 for a GIANT, profitable web company was dirt cheap in 1999. Small, unprofitable ones with 1/100th the revenue carried 200 easy...
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Re: WOW, 19.00 a share for Facebook shares - by hal - 08-16-2012, 09:55 PM
Re: WOW, 19.00 a share for Facebook shares - by Z - 08-17-2012, 09:06 PM

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