Thursday, February 9, 2012

Facebook / Apple

With Facebook's upcoming IPO it could value the company at $100 billion and Apple's market cap at $444 billion we are now entering "dot.com/tech bubble version 2.0"

Apple is a great company and does amazing products and Facebook is an equally amazing company that provides great service for their users. That said, they are not worth over half trillion dollars. We have just entered into second phase of craziness and this will correct itself at one point. Seeing Apple's share at almost $480 is a scary sight - It was $78 in January 2009.

Happy investing....

Damian Kosutic

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.