Facebook IPO
Out of context: Reply #352
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I don't see them going anywhere unless they are really smart about spending cash (and spend it, unlike Apple, that you aren't sure what they could spend cash on that would help them).
FB's problem, vs. Google, is that they are a one trick pony. If they can't lock people into their site forever, then they die. They need to show they can create something exciting, or at least buy something exciting.
Everyone I know is anxiously waiting for the next thing...could be nothing, could be Google+ (they've got the staying power, diversity, etc., to weather the storm and wait it out), or a new start up.
It's all interesting. We have a dot com-ish resurgence of ideas, but this time there is real money being made.
As for stocks, I'd never buy a one trick pony unless you were truly speculating and gambling. Google, or even Apple, to me, are far better investments (or the gamut of other tech companies that have a track record and real products/services).
If FB fails at their next "launch" (Home, so far, is a huge failure, so far as ATT dropping that stupid Home Phone), then they'll go down, a lot. If they are successful, there will probably be a nice blip, then level back off once the excitement is out. I could see it doubling in a week, but also going to single digits in a week.