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  #1  
Old 05-25-2012, 05:10 AM
Xeron Xeron is offline
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Join Date: Aug 2007
So who....

Bought Facebook shares, come on own up! I don't see this as a good time for any shares let alone companies that rely on advertising sales for profit.
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  #2  
Old 05-25-2012, 05:37 AM
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BeerBurner BeerBurner is offline
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Not I.

BB.
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  #3  
Old 05-25-2012, 09:08 AM
kc_beck kc_beck is offline
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Not I either. Figured it would be a big joke.
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  #4  
Old 05-25-2012, 09:10 AM
angryrobots angryrobots is offline
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HA! The only way I "own" any is if my 401K invested in it.
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  #5  
Old 05-25-2012, 11:25 AM
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BeerBurner BeerBurner is offline
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I can't help but feel that something will come along and displace FB within the next few years like FB displaced Myspace. I just can't see the value in investing in something that I suspect may be reduced or dead before too long.

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  #6  
Old 05-25-2012, 11:48 AM
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General Geoff General Geoff is offline
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it'll take longer than a few years, but it is inevitable.

facebook is now a monopoly on the order of google. both will fall eventually. but their momentum will keep them rolling for probably another decade at least.
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  #7  
Old 05-28-2012, 02:40 AM
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Edaw 0 Edaw 0 is offline
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Nope, in fact I thought it was a joke when I first heard they were going public.

Quote:
Originally Posted by BeerBurner View Post
I can't help but feel that something will come along and displace FB within the next few years like FB displaced Myspace. I just can't see the value in investing in something that I suspect may be reduced or dead before too long.
That's why.

Invest in Google, a company? Sure. Facebook? That's like buying shares in a company's HR or Finance department or something.
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