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Jack Rice  

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  • Why You Want To Own Facebook Rather Than Google [View article]
    "Real substance" is redundant. Just "substance" should do: "...a stock with so little substance..." by which I presume you mean FB. FB owns the mobile audience. That's substance. Like real estate, raw land in particular. And like someone who owns raw land, FB has to find a way to make it pay. The bulls say it will, the bears say it won't. Not much more to it than that.
    May 22, 2015. 03:07 AM | Likes Like |Link to Comment
  • Why I Still Consider Facebook A Value Play [View article]
    Of course many if not most investors are technicians or deconstruct the prices into fundamentals. The psychological side, which can also be compelling if specious, goes that it's easier for 20 to become 40, or 80 to become 160, than for 550 to become 1100. Actually, I've done pretty well with this kind of "value play".
    May 21, 2015. 03:36 PM | Likes Like |Link to Comment
  • Why I Still Consider Facebook A Value Play [View article]
    It's irrational or naive, but lots of folks will look at FB and decide 80 is cheaper than 550 and buy it. It's why many companies split regularly -- they want to keep their share price attractive as a number. When FB's bottom line starts to move, then so will the price, even if it's already "perfectly priced".
    May 20, 2015. 02:58 AM | Likes Like |Link to Comment
  • Why You Want To Own Facebook Rather Than Google [View article]
    gwynfryn, true, as far as it goes. Yes, payroll is the greed class's biggest nuisance, but they consistently fail to realize that eliminating jobs on behalf of efficiency also eliminates the consumer class that all that automation is supposed to milk. But of course, by the time of the resulting depression, the greed class will have got theirs, and the dispossessed can have their character lesson. Wells predicted the ultimate outcome long ago -- Eloi and Morlock.
    May 5, 2015. 05:55 PM | 1 Like Like |Link to Comment
  • Why You Want To Own Facebook Rather Than Google [View article]
    KB, so what? You misstate the issue. He didn't say "the future of technology," just "the future". I'm addressing what he's saying, not what you're saying.
    May 5, 2015. 05:41 PM | Likes Like |Link to Comment
  • Why You Want To Own Facebook Rather Than Google [View article]
    What kind of thinking is that??? No, machines don't drive the future, people drive the future because people, not machines, have the money, and money is what we're talking about here.
    May 1, 2015. 08:10 PM | 7 Likes Like |Link to Comment
  • Why You Want To Own Facebook Rather Than Google [View article]
    Good idea, but making widgets isn't really FB's forte. Not sure if Zuck wants to get involved with that.
    May 1, 2015. 07:13 PM | 2 Likes Like |Link to Comment
  • Facebook And Meerkat Need Each Other [View article]
    Isn't streaming, audio or video, bandwidth intensive and thus an expensive user proposition? I think the videos users share on their devices are very short clips. So I'm wondering if the demand for live streaming of any length is constrained by the economics.
    Apr 29, 2015. 02:53 PM | Likes Like |Link to Comment
  • Facebook: Turning On Cruise Control [View article]
    For AOL, the m&a was for acquiring content, in vogue at the time. FB does m&a for acquiring users, often defensively. For example, the most controversial was $20B for WhatsApp. Regardless whether it was intrinsically worth the price, it would have cost FB more to have it as a competitor. I think there was a bidding war that we didn't see, possibly with GOOG or venture capitalists, which drove up the price. Same with Instagram on a smaller scale. In any case, it now seems both Instagram and WhatsApp are gold that are best in FB's fold.

    The point is that though an AOL Time Warner outcome is possible, given FB's penchant for m&a, I don't think the same mentality is driving Zuck that was driving Steve Case and Gerald Levin. It's not hubris but cold calculation.
    Apr 26, 2015. 07:07 PM | 1 Like Like |Link to Comment
  • What The Whisper Number Indicates For Facebook Earnings Today [View article]
    Trading range resets, from 40s to 50s to 60s to 70s to 80s, since July '13's breakout, have occurred intra-quarter. After FB quarterlies, seems the market is always looking, midst the positive, for a negative metric to punish it.
    Apr 22, 2015. 02:50 PM | Likes Like |Link to Comment
  • Fidelity's Danoff's picks [View news story]
    Don't wait for GE to move. Just bail and look for a trend. Realized loss against unrealized gain = good. Use Bollinger bands for timing.
    Apr 4, 2015. 01:30 AM | 2 Likes Like |Link to Comment
  • A Pragmatic Look At Facebook [View article]
    Oh, I see. Wall Street has been completely hoodwinked. But not you.
    Apr 4, 2015. 01:10 AM | 4 Likes Like |Link to Comment
  • Facebook Running Into A Growth Problem [View article]
    Well, here's a shot:

    Facebook's present valuation in terms of market cap is based on how the market views future prospects. FB's market cap is a sizable premium over current value. The market is manifestly positive over FB's future prospects.

    There are two parts to assessing future prospects. The first is to assess the merits of FB's business plan. The second is to assess how well FB is expected to execute this plan.

    The market valuation of FB also contains an implied discount for the possibility that the business plan will not succeed, because it is intrinsically bad, or it is poorly exercised. As FB executes its business plan, and the plan succeeds, this discount will reduce.

    Those who hold FB for long-term investment believe that the FB business plan is potentially profitable and that FB has proven that it can execute, and therefore when executed, FB's business plan will succeed in adding value to FB far in excess of the current market cap. It's up to you to make your own assessment of FB's business plan and FB's ability to execute it and compare that to the market's.
    Jan 12, 2015. 03:27 AM | 2 Likes Like |Link to Comment
  • Video Is Bullish For Twitter And Facebook [View article]
    I think the ultimate aim of social media is to network all users in VR in real time. I don't know the time frame for this, but FB's purchase of Oculus cannot be seen in isolation from FB's primary mission.
    Jan 12, 2015. 02:46 AM | Likes Like |Link to Comment
  • Video Is Bullish For Twitter And Facebook [View article]
    You mean bait-n-switch from freeloading to paying. Yeah, that really sucks.
    Jan 11, 2015. 06:21 AM | 3 Likes Like |Link to Comment
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