still waiting for returns on my Friendster stock
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Facebook: Worth $104 Billion!!! Facebook Frenzy Begins: Stock Tests $40
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The only people getting rich off of this are people that have had private stock since the beginning when it was super cheap. Just consider how many times the stock has already been split in the past few years, 4:1, 5:1, and what it's going for now. They're just using the uninformed public to cash out.
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Originally posted by New England View Postfacebook specifically might die, but the industry (the internet and all the socializing being done there,) is not going anywhere
if you know where to put your money it's a growing industry
it will be all about timing. stocks always are.
I was talking about Facebook.
The internet is the future bro.
It's already gonna put newspapers and magazines out of business within 10 years.
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