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Re: Captain Hindsight post# 7622

Tuesday, 05/29/2012 11:35:21 PM

Tuesday, May 29, 2012 11:35:21 PM

Post# of 49369
Facebook's starting valuation of more than $100 billion - about equivalent to that of Amazon.com Inc and exceeding that of Hewlett-Packard Co and Dell Inc combined - was too high for a company that posted $1 billion in profit on revenue of $3.7 billion in 2011.

Facebook stock debuted at over 100 times historical earnings versus Apple's 14 times.

http://finance.yahoo.com/news/facebook-shares-plumb-depths-valuation-002225260.html


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