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(Marketwatch)   Facebook hits a new 52-week high and is now up 90% in 3 months. Post that on your wall   (marketwatch.com) divider line 35
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1200 clicks; posted to Business » on 07 Sep 2013 at 11:16 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



35 Comments   (+0 »)
   
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2013-09-07 11:27:47 AM  
If every user used AdblockPlus to avoid seeing any ads, would the advertisers quit buying ads and would facebook slowly fade away?
 
2013-09-07 11:34:35 AM  
So I should buy?  Buy high, sell low, right?

I still don't see much of a future for Facebook.
 
2013-09-07 11:36:02 AM  

SoupGuru: I still don't see much of a future for Facebook.


This.
 
2013-09-07 11:40:33 AM  
Yeah, I think they may be near a high point as it is.  Unless they unveil some huge new piece of the social media puzzle, I think they're going to be in maintenance mode from here out.
 
2013-09-07 12:21:27 PM  

Incontinent_dog_and_monkey_rodeo: Yeah, I think they may be near a high point as it is.  Unless they unveil some huge new piece of the social media puzzle, I think they're going to be in maintenance mode from here out.


Facebook will probably see a bump in users/traffic as Yahoo screws up Tumblr.

its North American and European user bases have probably peaked, but emerging markets are where its at for Facebook. they have a mobile app for regular mobile phones that already has 100 million users.
 
2013-09-07 12:53:54 PM  

SoupGuru: So I should buy?  Buy high, sell low, right?

I still don't see much of a future for Facebook.


How so?  They have thus far avoided the mistakes that sunk their predecessors and they have no real competition.

/bought in at $18/share
 
2013-09-07 01:22:00 PM  

dumbobruni: Incontinent_dog_and_monkey_rodeo: Yeah, I think they may be near a high point as it is.  Unless they unveil some huge new piece of the social media puzzle, I think they're going to be in maintenance mode from here out.

Facebook will probably see a bump in users/traffic as Yahoo screws up Tumblr.

its North American and European user basis have probably piqued, but emerging marmots are where it's at for Facebook. they have a mobile ape for regular mobile phones that already has 100 million Ursulas.


Autocorrected that for you.
 
2013-09-07 01:46:37 PM  

gingerjet: SoupGuru: So I should buy?  Buy high, sell low, right?

I still don't see much of a future for Facebook.

How so?  They have thus far avoided the mistakes that sunk their predecessors and they have no real competition.

/bought in at $18/share

The problem is that, to justify the ridiculous stock price, their earnings need to grow at a tremendous rate that doesn't seem possible without some sort of new miracle product that doesn't appear to be on the horizon.
 
2013-09-07 02:11:39 PM  

llortcM_yllort: gingerjet: SoupGuru: So I should buy?  Buy high, sell low, right?

I still don't see much of a future for Facebook.

How so?  They have thus far avoided the mistakes that sunk their predecessors and they have no real competition.

/bought in at $18/share
The problem is that, to justify the ridiculous stock price, their earnings need to grow at a tremendous rate that doesn't seem possible without some sort of new miracle product that doesn't appear to be on the horizon.


Facebook is valued at 166 times earnings, or 21 times sales

now lets look at other social networking companies:

Linkedin is valued at over 700 times earnings, or 30 times sales
Yahoo bought Tumblr for 85 times sales
Myspace was valued at 24 times sales during the merger discussion with Yahoo
 
2013-09-07 02:14:49 PM  
I should add twitter, which was recently valued at $10.5 billion, or 18 times sales (no profit)
before Twitter had any revenue at all it was valued at $2.5 billion
 
2013-09-07 02:44:34 PM  

dumbobruni: I should add twitter, which was recently valued at $10.5 billion, or 18 times sales (no profit)
before Twitter had any revenue at all it was valued at $2.5 billion


And thank God tech stocks have historically been immune to overvaluations!
 
2013-09-07 02:52:29 PM  
Post that on your wall

Gross.. Is Mark a Farker? Who writes smug Facebook headlines on Fark? WTF am I reading?
 
2013-09-07 02:52:45 PM  
When is the last time you heard anyone say they loved using Facebook?  People use it because that's where everyone is.  Most comments I've heard are "Facebook sucks but what can you do?"  I've never heard of a fiercely loyal Facebook fan... or really any loyalty from anyone.
 
2013-09-07 03:07:27 PM  
Probably money coming in from the black budget to prop up the single biggest data mine the NSA has.
 
2013-09-07 03:15:07 PM  

dumbobruni: llortcM_yllort: gingerjet: SoupGuru: So I should buy?  Buy high, sell low, right?

I still don't see much of a future for Facebook.

How so?  They have thus far avoided the mistakes that sunk their predecessors and they have no real competition.

/bought in at $18/share
The problem is that, to justify the ridiculous stock price, their earnings need to grow at a tremendous rate that doesn't seem possible without some sort of new miracle product that doesn't appear to be on the horizon.

Facebook is valued at 166 times earnings, or 21 times sales

now lets look at other social networking companies:

Linkedin is valued at over 700 times earnings, or 30 times sales
Yahoo bought Tumblr for 85 times sales
Myspace was valued at 24 times sales during the merger discussion with Yahoo


That's because tech stocks are prone to being overvalued.  Especially LinkedIn.  Why on God's green earth would anyone think any company is worth 700 times earnings?
 
2013-09-07 03:16:15 PM  
I'm waiting for NSABook to go live. Its much more comprehensive and I don't have to take the time to enter the details about myself.

Talk about convenient!
 
2013-09-07 03:33:19 PM  

wiseolddude: If every user used AdblockPlus to avoid seeing any ads, would the advertisers quit buying ads and would facebook slowly fade away?


Websites would be more aggressive with how they implement ads, hosting them their servers and making it harder for people to block them.  Google are already buying off adblock plus to allow some ads.  Smaller sites would die quicker than facebook.
 
2013-09-07 04:03:14 PM  

Prophet of Loss: I'm waiting for NSABook to go live. Its much more comprehensive and I don't have to take the time to enter the details about myself.

Talk about convenient!


 I LOL'ed.  They could probably just go ahead and send you email updates about the people they already know you want to stalk, so you don't even have to log in.
 
2013-09-07 04:23:09 PM  

Phil Moskowitz: Probably money coming in from the black budget to prop up the single biggest data mine the NSA has.


This


and This encrypted-tbn1.gstatic.com

 
2013-09-07 04:40:10 PM  

llortcM_yllort: dumbobruni: llortcM_yllort: gingerjet: SoupGuru: So I should buy?  Buy high, sell low, right?

I still don't see much of a future for Facebook.

How so?  They have thus far avoided the mistakes that sunk their predecessors and they have no real competition.

/bought in at $18/share
The problem is that, to justify the ridiculous stock price, their earnings need to grow at a tremendous rate that doesn't seem possible without some sort of new miracle product that doesn't appear to be on the horizon.

Facebook is valued at 166 times earnings, or 21 times sales

now lets look at other social networking companies:

Linkedin is valued at over 700 times earnings, or 30 times sales
Yahoo bought Tumblr for 85 times sales
Myspace was valued at 24 times sales during the merger discussion with Yahoo

That's because tech stocks are prone to being overvalued.  Especially LinkedIn.  Why on God's green earth would anyone think any company is worth 700 times earnings?


ask investors in Amazon, which is at 1000 times earnings.
 
2013-09-07 04:48:03 PM  
llortcM_yllort:
That's because tech stocks are prone to being overvalued.  Especially LinkedIn.  Why on God's green earth would anyone think any company is worth 700 times earnings?

Although I generally agree that LinkedIn and Facebook are currently overvalued, I don't agree with the implication that overvaluation is determined by a particular earnings multiple or that 700 is too high independent of context.

The question is not what they are earning now, but what are they going to earn once they stop growing. There are supposedly about 6 billion "literate" people in the world, and if they all use Facebook someday, and Facebook can make a dollar a year on each of them at that point, then I would conclude the current market value is roughly justified.
 
2013-09-07 05:02:28 PM  

Zombie DJ: SoupGuru: I still don't see much of a future for Facebook.

This.


Yeah.  That was the prevailing opinion of the fark-market-tards last year.  I remember a lot of them saying they wouldn't touch it until it hit 9.  Dopes.
 
2013-09-07 05:36:43 PM  

AllYourFarkAreBelongToMe: Zombie DJ: SoupGuru: I still don't see much of a future for Facebook.

This.

Yeah.  That was the prevailing opinion of the fark-market-tards last year.  I remember a lot of them saying they wouldn't touch it until it hit 9.  Dopes.


You sound like you have a keen investment acumen and that your foresight is infallible.
 
2013-09-07 06:15:37 PM  
Apparently your mom keeps clicking on the ads.
 
2013-09-07 07:18:38 PM  

LarryDan43: Apparently your mom keeps clicking on the ads.


As opposed to me, who keeps clicking ads for your mom.
 
ZAZ [TotalFark]
2013-09-07 07:34:32 PM  
wiseolddude: If every user used AdblockPlus to avoid seeing any ads, would the advertisers quit buying ads and would facebook slowly fade away?

I thought part of the strategy was to inline ads, e.g. by getting people to like things that would then be visible to their friends. Not a Facebook user so I'm not sure how it worked.

I recently watched a friend log into her account for the first time in a year so she could show me some pictures. She stared a moment, muttered where the fark did my pictures go, and we went to look for her backup drive full of offline pictures instead.  Maybe she'll log in again next year and be appalled by a new set of changes.
 
2013-09-07 07:44:16 PM  

Prophet of Loss: LarryDan43: Apparently your mom keeps clicking on the ads.

As opposed to me, who keeps clicking ads for your mom.


Either way Facebook wins and we lose.
 
2013-09-08 08:16:39 AM  

wiseolddude: If every user used AdblockPlus to avoid seeing any ads, would the advertisers quit buying ads and would facebook slowly fade away?


AdBlock doesn't work on 'Feed' ads, so they would just ramp those up.
 
2013-09-08 08:29:28 AM  
Something is bound to come along and replace Facebook one day, part of the tech circle of life. And will kids want to be part of Facebook with their parents on it?
 
2013-09-08 08:57:46 AM  

groppet: Something is bound to come along and replace Facebook one day, part of the tech circle of life. And will kids want to be part of Facebook with their parents on it?


You're way past that point - kids, parents, grandparents... Hell, kids of early adopters are old enough that they have their own Facebook pages.

It's a critical mass issue - Facebook and WoW both have it. You migh not be thrilled with the experience in particular - but your friends aren't ON anything else.

Facebook and will likely be beaten by something DIFFERENT, not a thing that looks like Facebook, but 'better'.
 
2013-09-08 09:50:33 AM  

AllYourFarkAreBelongToMe: Zombie DJ: SoupGuru: I still don't see much of a future for Facebook.

This.

Yeah.  That was the prevailing opinion of the fark-market-tards last year.  I remember a lot of them saying they wouldn't touch it until it hit 9.  Dopes.


I'm not touching it until they pay dividends.
 
2013-09-08 09:52:00 AM  

gingerjet: bought in at $18/share


No you didn't
 
2013-09-08 11:53:18 AM  

freak7: gingerjet: bought in at $18/share

No you didn't


Uh, don't you know? gingerjet's posts fall under one of the following categories:

1. Claim that he bought stock ABC at its absolute bottom
2. Claim that he constantly gets cold calls from Fortune 100 recruiters, but he tells them to fark off because his current job is perfect
3. Describe how awesome his openly gay lifestyle is (NWWT, just saying that's what he does)
4. Shill for Apple
 
2013-09-08 01:35:00 PM  
The zeitgeist seems to be moving towards people wanting more control over their data.  Facebook is facing significant legal threats in Germany and Ireland [important as they have selected Ireland as their Euro HQ] in respect of data ownership, control and sale.
 
2013-09-08 01:35:42 PM  

itcamefromschenectady: llortcM_yllort:
That's because tech stocks are prone to being overvalued.  Especially LinkedIn.  Why on God's green earth would anyone think any company is worth 700 times earnings?

Although I generally agree that LinkedIn and Facebook are currently overvalued, I don't agree with the implication that overvaluation is determined by a particular earnings multiple or that 700 is too high independent of context.

The question is not what they are earning now, but what are they going to earn once they stop growing. There are supposedly about 6 billion "literate" people in the world, and if they all use Facebook someday, and Facebook can make a dollar a year on each of them at that point, then I would conclude the current market value is roughly justified.


Facebook maybe...LinkedIn, not a chance.
 
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