Saturday, January 08, 2011

Why the Fuss Over Facebook Doesn't Make It a Home Run - WSJ.com

I’m assuming Facebook is going to use its current financial leverage to bulk up fast, through acquisitions and infrastructure build-out

The news this week that Goldman Sachs was privately offering a minority stake in Facebook to new investors—and that Facebook would become a public company by early next year—has set off a buying frenzy, even among people who can't tell "LOL" from a Roman numeral.

If you've been left out, don't fret. Expectations are already so high that most of the future gain already may be gone.

Why the Fuss Over Facebook Doesn't Make It a Home Run - WSJ.com

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