If the rumors of a Facebook (FB) phone are true, investors should consider abandoning ship, says...

|About: Facebook (FB)|By:, SA News Editor

If the rumors of a Facebook (FB) phone are true, investors should consider abandoning ship, says Henry Blodget. The company would have to face intense and entrenched competition to establish itself in a field that could hurt its own margins in a move that smacks of defensive desperation.