FORBES ARTICLE ALREADY PREDICTS A HUGE DECLINE IN FB STOCK PRICE.
HE DOES HOWEVER SAY IT WOULD JUSTIFY THE STOCK VALUATION TO THE GOOD FOR THE FUTURE.
It remains to be seen how markets will react tomorrow but the betting is that, in the absence of a climbdown by Republicans, we will see a significant correction. And if Tea Party stalwarts continue to stick by their guns in the weeks ahead, we could see damage particularly in techs and other high P/E stocks. For the record, major tech stocks that seem most richly valued on a forward P/E basis include CRM, LNKD, CCI, FB, and ADBE. Although future prospects may justify such valuations, the short-term action could be quite bumpy —
so you want to go back to denial of coverage, caps for middle Americans and emergency rm care for those shut out of health care - rtards could not produce legislation to resolve these issues stop blaming POTUS for republican ineptitude - the idiot bush handed off trillion dollar debts - two wars n medicare part D not pd for
wrong idiot - it is the republitards who won't pay the bill for money they already spent - but let's see how quickly the republicans fold if the market collapses - while we are at it let's get rid of Bernanke the guy and QE is a joke been robbing savers way too long. Get Bernanke put out of market and let the market be a market - stop whining.