Please create an account to participate in the Slashdot moderation system

 



Forgot your password?
typodupeerror

Comment Re:10% Negative? That's a CRASH! (Score 1) 423

Eh, nowhere it stays Facebook's shares crashed. In fact it raised quite fast, and then again lowered down to slightly higher level than the initial $42.05. Let's not also forget that Facebook valued them very highly to begin with, which is one of the main things even slashdotters are crying about - it's not going to rise much higher, since they probably put it into a sweet spot already.

Comment Re:It's stupid to compare to Facebook's profit (Score 1, Informative) 423

Since Facebook (like Apple) doesn't pay dividends, that hardly matters. The only way you can profit from buying Facebook's stock is sell it at higher price and that is not tied to profit, or by buying share large enough (though only 18% of Facebook's shares were made available, and big investors like the Russian Digital Sky Technologies have had access to buy before anyway)

Comment It's stupid to compare to Facebook's profit (Score 0, Troll) 423

Facebook hasn't yet really spent time on monetization. Their primary goal has been quick growth and they have greatly succeeded in that. Yes, there are ads and similar, but they are not yet at the level they could or even should be. Thus it's useless to try to compare to Facebook's earnings. And this is how the game is played, and what even many slashdotters want - make a great service first, and only then focus on profiting. It's not like Facebook is going to run out of cash, they still have great income and assloads of banks and venture capital ready to kick in if needed.

I do have to applaud Mark Zuckerberg. He is definitely a geek that made it, and at such an young age too. I know slashdotters are jealous and hate him, but boy is he something. He even shows the typical geeky attitude of wearing whatever clothes he wants, even to business meetings with banks! Give the guy some credit where due.

Slashdot Top Deals

It appears that PL/I (and its dialects) is, or will be, the most widely used higher level language for systems programming. -- J. Sammet

Working...