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To: cfimx who wrote (2783)5/23/2012 10:09:07 AM
From: Flipper20581 Recommendation  Read Replies (1) | Respond to of 3249
 
Re: re FB - interesting to see so much blame for the FB IPO but is Morgan Stanl

IMHO, selling FB as a public firm is vastly different then if it is sold in total as a private firm. FB would be worth half it's multiple at best. IMHO, the critical part of being public is doing what is best for all your shareholders...which in the end will mean it will do best for yourself. You can not expect to bag shareholders with your $.10 cost basis stock and expect them to trust you and thus command a huge multiple. Fool them once shame on you, fool them twice....blah blah...

Wall Street sees plenty of crooks. Finding non-crooked CEO's is more rare then normal...too bad.

421m shares now overhead in cost....