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There's no bounce today for Facebook (FB -3.5%) whose slide today takes the stock to a new YTD...

There's no bounce today for Facebook (FB -3.5%) whose slide today takes the stock to a new YTD low. The only news of note is Google's (GOOG) rumored entry into the Waze bidding amid reports Waze isn't interested in Facebook's desire to have part of the team move to Silicon Valley. Adding Waze would make Google Maps an even more robust product while keeping Facebook off of its territory.
Comments (7)
  • I use both services extensively, though mostly for long term research for both. Google (i have ~20k followers) has Facebook's (~400 followers) game read right now, and the demographic shift for facebook's users cannot change (children don't want to be on a platform their parents and grand parents are on).

     

    Google+ overhauled its site, but it's more like pinterest. This works to Google's benefit. The biggest shift is hangouts all integrating as a single service.
    24 May 2013, 03:40 PM Reply Like
  • Waze is awesome and with integration nto Google Maps would be real great. Much rather Google buy Waze than FB.
    24 May 2013, 04:37 PM Reply Like
  • A lot of the hype about using Waze to sell coupons for local businesses is just hype. The real problem with using Waze is that unless you are in a car and connected to a charger, the GPS uses up the battery so fast. Waze simply doesn't do much without the GPS on. I used Waze for a while and when the GPS was off (which was always, unless I was navigating somewhere in a car) Waze waza wazte
    24 May 2013, 09:04 PM Reply Like
  • Its the "..keeping FB off its territory.." part that bothers me. Isn't trying to eliminate the competition an abuse of its monopoly power? It has 66% of the search market in the US and 95% in Europe.
    24 May 2013, 11:17 PM Reply Like
  • I like FB. I like it more at half way point of 23 than 24. But investors need to think long term about tech companies with strong moats like FB's. Otherwise they will again just miss the boat like AMZN.

     

    People pay too much attention to noise news and Q Earnings when they should be more focused on the ^ size of the moat, if/how management cares for shareholders, and what kind of new/potential EPS/monetization products will come out in the future. For a company with Facebook's users and engagement all it takes is one product, and it could easily double or triple.
    25 May 2013, 11:32 AM Reply Like
  • really don't think facebook has a moat. There are so many of these social networking sites. Used to be Bebo, then myspace, Facebook, now theres google plus and twitter too.

     

    The trend can easily stop just as easily as it was started.

     

    Especially since it relies on ads...nobody likes ads.
    25 May 2013, 12:56 PM Reply Like
  • AMZN has a strong moat to protect its loss-making business. In fact, one could argue that a business model being loss-making is a moat all its own.
    25 May 2013, 06:05 PM Reply Like
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