I think their profit for the last year was about one billion. How does that make it worth 100 billion. That should make it worth five to ten billion the way I calculate it, even at five billion I would not put a penny in it if I had a penny. Remember AOL, Myspace? Where are they today? Dot com bubble ring a bell? I think it is pretty obvious the public will buy anything, just go to the mall or target or watch TV. Many buying decisions (stock market included) seem to be influenced by emotion and not rational thinking. The free market economy is based on the rational thinking of reasonable people. Maybe that is a big problem.
I simply don't get facebook although we did just last week put fishin.com on there. Two people I work with told me it needed to be done. They are younger and use facebook a lot so I agreed but I still don't get it.
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