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Technology Stocks : Meta Platforms, Inc. (Facebook) -- Ignore unavailable to you. Want to Upgrade?

To: Pogeu Mahone who wrote (960)	8/31/2012 3:16:34 PM
From: The Ox	1 Recommendation Read Replies (3) \| Respond to of 3790

>>>At $18, using the correct share count (2.7 billion), Facebook is still valued at almost $50 billion. And it's still trading at ~28-times next year's projected earnings of $0.65, an estimate that looks just as likely to be too high as it is to be too low. Meanwhile, Apple is still trading at less than 15-times projected earnings. So you can't argue that Facebook is now "too cheap."<<< TO: Bull crap! IF- big if - the company can earn 48 cents this year and 64 cents next year that is a 33% EPS growth rate. Why the hell shouldn't the company be trading at 28 times valuation if they can prove to grow EPS over 30% a year? We don't know what expectations will be for 2014. What if EPS goes to $1.00 from 64? Shouldn't the 28 times multiple be reasonable? Way too early to tell. Let the negative articles keep rolling in. The lower the price gets, the more likely FB will be an excellent buy one of these days.... LOL Here's what little we know now, today. Revenues have increased from 2 billion to 3.7, to expectations of just under $5 billion for this FY. Revs at this stage are still expected to grow in the 25% range next year. Too early to write off this company. (giggle)