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Facebook (FB) has its payments revenue target cut at JPMorgan following the Zynga warning last...

  • Friday, October 5, 2012, 7:59 AM ET
    Facebook (FB) has its payments revenue target cut at JPMorgan following the Zynga warning last night. Analysts now project payments revenue of $582M, down from a previous estimate of $797M! Shares -2.3% premarket.
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This news story has 7 comments:

  • The emperors clothes seem to be coming off
    5 Oct 2012, 08:44 AM Reply Like
  • It's about time!
    5 Oct 2012, 09:49 AM Reply Like
  • I can't believe there's anyone who bought this...
    5 Oct 2012, 09:20 AM Reply Like
  • C'mon, you wouldn't add to the VISA bill to own a virtual cow in an online game. You're so not with it...
    5 Oct 2012, 08:15 PM Reply Like
  • Facebook may well be just another passing fancy, the PacMan of today if you will. The pace of technological change increases the investment risk in software companies, yes even MicroSoft. I doubt that gaming is diminishing, it is just migrating to hand held devices. Destructive change is underway.
    6 Oct 2012, 10:12 AM Reply Like
  • So we have one public company whose revenue is dependent on adds, and another who's company is centered around milking a cow.

    I can't see any reason not to invest in them.
    6 Oct 2012, 11:43 AM Reply Like
  • The best strategy for insiders with lockup expirations in the next 90 days is to sell into the rally and buy back in 2013 for a fraction of todays price. The savings will go a long way in retirement planning.
    That is if they believe in the long term prospects for the company.
    7 Oct 2012, 02:03 PM Reply Like
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