After Doing some research I have changed my prediction for facebook.. I have come across linkedin's shares which have a P/E of 1600x.. This is insane but implies that fcbk is not too relatively overvalued.. But we are definitely in a bubble that WILL burst¡¡

mark zakarburg spotted . ati this is they guy whose a billionaire ...nkt ...lol

@QW techies don't typically engage in gross displays of wealth. Leave that to marketing/ sales/ finance people.

@Nabwire From your posts I'm guessing you live and work in the states therefore you would be more informed on how foreign investors can be part of the IPO. With our sister company Winton Investments Limited, they are using their international contacts in Europe to find ways of getting into the IPO. The most probable will be to get interested parties on a platform (Generali, Skandia, etc) that has access to funds that have already invested in Facebook shares. I agree this will be quite pricey not from our end but fees payable to be part of that platform are quite high. It all comes down to the numbers if Winton will proceed with their intended strategy. I should say I don't work for Winton therefore I do not know the nitty-gritty, please send your queries to info@winton-investments.com for clarification.
I am an employee of Genghis Capital Limited. We are a stock brokerage firm located in Nairobi that emphasises on relationship-brokerage. Please visit our website on www.genghis-capital.com and we do have products and services for Kenyans in the diaspora. Any queries please send to info@genghis-capital.com.
Out of curiosity why won't you get into Facebook? Are you thinking it's another bubble stock?

The Details behind the Facebook IPO

Here's what I've learned from Facebook's S-1.

Some of the data points buried in the IPO document are eye-opening, to say the least.

Chief among those are Facebook's assertion that 6% to 7% of the entire world population logs in every day. More importantly, they stay logged in for a significant amount of time.

However, what will happen in the future to drive the stock's share price after it's brought to market is buried deeper in the details.

It's these details that make Facebook's IPO a hold if you already own shares, but also a "wait to buy" if you are like most people and want to own them.

In a nutshell, what I've learned is the banks are bringing Facebook to market fully priced.

My opinion is the bankers have gotten greedy and decided to push the valuation numbers above the levels that I believe are sustainable.

The company is being valued at $75 billion - $100 billion dollars at launch. This would make it one of the most valuable companies in the world, yet its actual revenue, let alone profitability, is at a more mundane level.

Currently, Facebook is reporting about $4 billion in revenue and profits of $1 billion.

That means if Facebook prices in at the top of its estimated range ($100 billion), based on current disclosures it would have a 100-to-1 price to earnings (P/E) ratio.

In other words, it's only going to take about 100 years for Facebook to eventually earn what it may price at. Compared to other blockbuster stocks, that's quite rich.

By comparison, Apple Inc. (Nasdaq: AAPL) has $100 billion in cash and a P/E ratio of 11 while Google's P/E is 20.

That's why it's time to "Hold" Facebook (**) or wait to buy it until insiders get a chance to sell their shares and bring the price down to levels common people can realistically afford to purchase.

By Jack Barnes, G.M.T Specialist