Facebook surrenders its privacy in IPO documents

Hmmm, an $86 billion valuation for a company with $670 million in profits last year. That comes down to a current P/E ratio of 128 for this stock. (= almost 10x the market average)
Good luck to those buying it.

get a life, dump facebook!!!

And the banksters sink their greedy claws into yet another unsuspecting victim. I look forward to the finance revolution. I hear banksters taste like "chicken".

Amazing that the biggest public surveillance operation in the world, dressed up in fancy web-design, seems to be the hippest, coolest thing for so many people. And those who believe in the over $80-billion valuation: please buy in! And good luck to you!

Why shouldnt he surrender his....he SOLD ours!

I wonder how many of those "user" accounts are duplicates? In other words, the number of users is probably somewhat lower than being reported.

Facebook is claiming it has 850 million users. That is all the people that signed up for it for some reason or another. I know many people that tried to drop from the site but can only deactivate that account. It is still considered part of the 850 million count. I know, I am one of those people that mistakely signed up for it. I dont want it and I will not use it no matter what.

wall st. and facebook are jokes. its built up by hype when that hype is gone everyone abandons ship. nothing financially solid backing it up. all those things written on paper are just thing written on paper. thats all. the underwriter not in it for the $$ but bragging rights? what are we, 5 years old? grow up wall street! bunch of 5 year olds in monkey suits!

So are users going to get the opportunity to buy any stock, or is this right reserved to the millionaires with accounts at Goldman?

Fast forward 18 months: And in todays news, Facebook files for bankruptcy protection.

Fools and their money are soon parted.

MY WIFE OPENED AN ACCOUNT OVER A YEAR AGO, SHE USED IT A FEW WEEKS BUT SHE NEVER OPENS IT ANYMORE. SIMPLY WORTHLESS

Don't bet the house on this one. Maybe the will pay a 12% Dividend...Then I will consider after it crashes after the IPO.

I am going to delete my account today !

Facebook will be forgotten in five to seven years. Many "investors" will be fleeced. This company serves no need that cannot be easily served by another and, significantly, FB survives on the good will of its subscriber base and the so-far unproven belief of advertisers that association with FB is good for business. Wait until Wall Street analysts begin to pick this turkey apart after the first disappointing quarter. Perhaps once again the phrase "flash in the pan" will be in vogue.

My IPO story: bought into CHTR @ $19 in 1999, and in 2000 the stock was under a dollar. Look at CHTR's price now--after bankruptcy and after millions lost by investors. The banksters always make money at little investors' expense!!!

I see some fairly ignorant analysis by the Prof...They have almost $5 billion in equity, of which $4 billion is in cash, so a bit over $1 billion is employed in the business. They earned $1.7 billion on $1 billion in invested equity...with little financial leverage. Show me a company earning $1.7 billion that uses anything close to that equity base to achieve it.

what a f'in joke...

facebook = mosad surveilance tool

Here we go again another buisness cooking the numbers to sell stock. After 6 months of closing my account I signed back on yesterday and had messages etc and people are still seeing my account like it was still being used after closing it. Alot of people I know are getting fed up with FB and finding lives and making real contact and having conversations more personal than clicking like and telling the world what they had for breakfast. Good luck if you by stock in this pointless non producing sham of a company.

Privacy? What's that?