76winger
Member
As the Facebook stock price has gone, many predicted it would fall initially and it has. I would never have invested it in up front from the perspective of a "normal' per that sticks with mutual funds for the safety offered through diversified investments. If I was immensely wealthy (and the techie that I am) I might have invested a small portion in it, feeling certain the value would rise above the IPO in the not-to distant future.
But will Facebook succeed in the long haul? I don't believe it will the way Microsoft and Google has, especially in its current form. And if it transforms into a profitable empire the way other Tech companies has, I'm certain it will be considerably different than the Facebook we know today.
As a user of their current services, I like how I can follow and keep up with distant friends and relatives, and post updates on myself, including a lot of my work.
As an every-day Joe investor. my money is in the hands of investments I know better and have more confidence in.
But will Facebook succeed in the long haul? I don't believe it will the way Microsoft and Google has, especially in its current form. And if it transforms into a profitable empire the way other Tech companies has, I'm certain it will be considerably different than the Facebook we know today.
As a user of their current services, I like how I can follow and keep up with distant friends and relatives, and post updates on myself, including a lot of my work.
As an every-day Joe investor. my money is in the hands of investments I know better and have more confidence in.