Mark Hulbert's "overwhelming conclusion" is that Facebook's IPO "will be way overpriced" - three...

|By:, SA News Editor

Mark Hulbert's "overwhelming conclusion" is that Facebook's IPO "will be way overpriced" - three times more expensive than Google at its IPO. Facebook's revenue growth must be far greater than Google in its early years to produce a profit stream high enough to support "a prayer" of its stock matching Google - not impossible, but "is that really how you want to bet with a big chunk of your money?"