421 million shares at $38 a pop. Get it while you can!!! Or you can wait until the price is about $1/share. I don’t play the market much anymore. About the only investments I have are my 401k and other retirement funds. I quit playing after the .com bubble burst. It was fun while it lasted.
Facebook is a wildly popular social networking site which does absolutely nothing. Oh sure, there’s some advertising to be done on fb, but that goes for any other site/blog on the internet. One could even set up a sort of a “help desk” on fb for your company. But, again, that’s not novel nor unique.
Can someone please tell me the intrinsic value Facebook has? What does it produce? What does it facilitate being produced? What gain can it bring to the business sector?