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Technology Stocks : Meta Platforms, Inc. (Facebook)
META 664.63+2.6%2:05 PM EST

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To: Glenn Petersen who wrote (532)5/21/2012 10:20:01 AM
From: Wayners  Read Replies (6) of 3790
 
I still like FB. With 900M accounts, sure many dupes and inactive accounts, but if FB can just get $10 out of 450M accounts, that's $4.5B!!!!!! I'd change things with a really cheap subscription fee of $10 per year since so many people are now hooked on FB. That would solve their mobile advertising issues too. Keep the advertising on desktops and laptops. I think people would pay $10 per year, that is only 83 cents per month! Eventually people would pay more. People spend $5 on a stupid Frappacino and don't think twice about. They just aren't used to paying a little bit for FB yet. Once that hurdle is crossed, it becomes easier and easier to get people to pay, it just comes down to the amount. Eventually I think people would be willing to pay $8 to $10 a month for it believe it or not.
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