 IBNLive.com |
Morgan Stanley made big bet on Facebook
Reuters By Nadia Damouni and Olivia Oran | NEW YORK (Reuters) – Lead Facebook Inc (FB.O) underwriter Morgan Stanley (MS.N) took a bet earlier this week when it increased the size of the social networking firm's $16 billion initial public offering and it … Morgan Stanley Upgraded by UBS as Bank's Shares Decline Morgan Stanley Got About 38% Of Facebook IPO Shares, Goldman Got About 15 … Morgan Stanley, Goldman got 53% of Facebook shares |
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Some year ago ..a danish ..JEWELERY Business was ” sold” by the founders in an IPO . The event was super professional put on the market.. just like the current one ..and the founders scored ..BIG TIME !
A year later .. the hyphe evaporated .. and those who bought this gimmick .. have lost the shirt !
I have been using Facebook.. sometimes.. but infrequently over the Years.
What is Facebook ? Does it produce anything? Can it not be exchanged with any other ” social media ” out there.. within a second of boredom ? Can I not communicate with those I want to communicate with ..in a myriad of other ways ?
How many hundred Billions are people willing to pay … for NOTHING ?
I really must say .. this is the TULIPAN FRENZY … one more time …. and people .. will get hurt … but probably NEVER ….LEARN !