XJO
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2.11% 7,943.2 s&p/asx 200

thursday trading, page-13

  1. Danube
    3,731 Posts.
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    10/02/11
    15:54
    Post #: 7873569
    Feel like internet go-go days.

    Twitter, for $8,000,000,000 or
    Facebook for $50,000,000,000 or
    Groupon reject $6,000,000,000 offer???

    What is going on? Such business do not produce anything rather spread rumors, or marketing gimcracks, worth billions?????

    The second wave of internet bubbles???

    Sounds like it, valuation is based on revenue, and revenue growth.

    But the bubble may take years to pop....

    Are we in 1999 again???
    XJO Value at posting: 4,912.4
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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