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| User Info | Watching the FB bagholders; entered at 2012-05-21 11:04:15 | |||
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Themortgagedude Posts: 8853 Registered: 2007-12-17 saint louis 
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Matt - six months from now it won't matter where it was offered at. To me this company isn't worth more than about 50 times earnings. Where does that put it? Anything more than that is just too rich. Another way to look at it. Is this company going to post a stream of income equal to Google? Equal to 1/10 Google? I haven't done my research but I doubt long term they can be 10% of Google. I'd say valuing this company for more than about $15 billion is a stretch. And that's way down from here.
2012-05-21 11:04:15
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