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Facebook (FB) moves to refute ownership claims made by Paul Ceglia, disclosing results of its...

Facebook (FB) moves to refute ownership claims made by Paul Ceglia, disclosing results of its investigation that includes forensic analysis and old emails from Mark Zuckerberg. FB says Ceglia's contract was “baked” by hanging it out to the light to make it look older; small tabs not discolored at the top of the paper show he likely hung it up with clothespins to expose it to light.
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Comments (4)
  • KJP712
    , contributor
    Comments (452) | Send Message
    They are all lining up hoping for a piece of the American Dream.All you need is an old cocktail napkin with a signature that looks like Zuckerberg's.
    26 Mar 2012, 11:06 PM Reply Like
  • SaltyDog62
    , contributor
    Comments (741) | Send Message
    Seriously, who would trust Mark Zuckerberg..... Lets see... He stole the idea, then set out to screw his partner....
    27 Mar 2012, 12:29 AM Reply Like
  • SaltyDog62
    , contributor
    Comments (741) | Send Message
    FB valuation? Geez 12% comes from gamemaker! How in the world will FB make money? The way I see it the Goldman Sachs will just dump it after they have made money for their clients. ANYBODY who thinks FB will become a viable company, IMHO, is just nuts!!!!
    27 Mar 2012, 12:50 AM Reply Like
  • Dr. V
    , contributor
    Comments (1179) | Send Message
    Funny how they only make headlines in a negative light.


    Where's the party boys?


    This was a companyx valued at $100 Bil USD, all the hype, what happened?


    That's how non-existent they are becoming.


    FB's valuation is ridiculous. They might be worth $4-5 Mil USD, Patents and all, full stop.


    Their "potential worth" is not finite, and therefore should have nothing to do with their valuation, as they are not a commodity, so growth parameters cannot be accurately measured, but rather "guesstimated" at best. Nobody can guarantee their (FB's) growth.


    I won't drink that Kool Aid.


    I also see it as a non starter.


    First we heard they expected a $10 Bil USD IPO, which somehow valuated then at $100 Bil USD, (you can't get growth like that in a hydroponic chamber.) Confusing? Very, but let's humor them, and we will even use their math just to be fair.


    Two (2) days later, they corrected their expectation to $5 Bil USD for the IPO.


    *NOW, their own math then says, that valuates them at $50 Bil USD, all things being equal, (10:100 then 5:50).


    So now the company has lost $50 Bil in value over three (3) days alone, you can smell what I'm cooking, nu?


    Now, they have payouts to make to nine (9) capital investment firms when that IPO cash hits, because investors want to exercise their exit, one of which is expected to net a sum of $9 Bil USD, so now the company is ONLY worth $40 Bil USD, having lost $60 Bil USD in valuation.


    See where this is leading?


    All the hype is to get people to jump in, THEY (FB & Co.) CASH OUT (investors want to exit after 7 yrs) and the IPO emission investors are left holding the bag.


    Lessons learned from the dotcom fiasco, have already been forgotten.
    27 Mar 2012, 04:18 AM Reply Like
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