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Ghost of Igloi
RE: SaveThe Market
Big,

It seems most of the gushing about Facebook's great quarter is more hype than reality. I doubt whether many of the commentators took the time to actually go through the financials. The bottom line is the stock is trading at $107 a share and earned only $1.28 over the past year, that is a PE of 83. Sure the year-over-year earnings was 17% better than last year, but they incurred cost and added debt to get there.

Igy

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