Do you think Facebook is a fad?

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Do you think Facebook is a fad?

Modern^Spank^Anthem Modern^Spank^Anthem
do you think facebook is a fad? Apparently people on wall street do
05/29/2012
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BG529 BG529
no not really
05/29/2012
PassionateLover2 PassionateLover2
Quote:
Originally posted by Modern^Spank^Anthem
do you think facebook is a fad? Apparently people on wall street do
From a Wall Street perspective, that question was already posted Is FACEBOOK as Buy or Sell? Quite frankly, Facebook is not a fad on wall street it is only a fad on main street!!

You question here is whether or not Facebook is a fad. The answer is YES, due to the fact that membership is over 900,000,000 people world wide and still growing!
05/29/2012
T&A1987 T&A1987
Quote:
Originally posted by PassionateLover2
From a Wall Street perspective, that question was already posted Is FACEBOOK as Buy or Sell? Quite frankly, Facebook is not a fad on wall street it is only a fad on main street!!

You question here is whether or not Facebook is a fad. The ...
a large membership doesn't mean much if A. a lot of people join and forget about it, or B. it can't make money. I don't know where it falls on either category, but it needs more than interest that's a mile wide and an inch short. Take google+ for example, they have a large membership, but almost no one uses it (compare the number of +1 for any page in comparison to FB or twitter). Facebook is still the top of the media sites, but can it make money?

Finally, it's not a good idea to take the fluctuations of a stock, especially a stock less than a week old as indications of strength or weakness. too often a stock price is more of a speculation than an indicator of financial stability or potential.
05/29/2012
nanamondoute nanamondoute
I don't think Facebook is a fad. It's such a good way to keep in touch with people you may otherwise forget about. I think because it's really the first of its kind to do well, it has such a large user base that will help it to continue to grow, thereby remaining useful.
05/29/2012
Ghost Ghost
In the timespan of human culture, everything is a fad...
05/29/2012
jennifur77 jennifur77
Quote:
Originally posted by Modern^Spank^Anthem
do you think facebook is a fad? Apparently people on wall street do
Yes, I do. It may be here for a few years or a decade or more, but I think something else will come along and take it's place.
05/29/2012
WICKA WICKA
Quote:
Originally posted by Modern^Spank^Anthem
do you think facebook is a fad? Apparently people on wall street do
yes it is . It's an addiction in all senses .. for young and old alike !
05/29/2012
PassionateLover2 PassionateLover2
Quote:
Originally posted by T&A1987
a large membership doesn't mean much if A. a lot of people join and forget about it, or B. it can't make money. I don't know where it falls on either category, but it needs more than interest that's a mile wide and an inch short. ...
But a large membership does mean something. Facebook IS a social outlet to connect with anyone far and wide. It is popular! Why do you think EF and others have links to Facebook or Twitter embeded in their websites?

Whether or not it makes money is a Wall Street concern. BUT, the question which was asked here remains, is it a FAD? Google is a fad, just like Twitter or Yahoo. Someday Facebook, Google, and Twitter will all fade and decline just like Yahoo has today.

I agree with you that you don't judge a stock by its first week's performance. So that is way I referenced a link above to address that question there. The financial stability or potential or stock's strength or weakness is a question found in another thread.
05/30/2012
AmberM AmberM
Quote:
Originally posted by Ghost
In the timespan of human culture, everything is a fad...
Agreed.
05/30/2012
ghalik ghalik
Yes, and it is already over in my opinion.
05/30/2012
Love Obsessed Love Obsessed
Quote:
Originally posted by Ghost
In the timespan of human culture, everything is a fad...
I agree with this.
05/30/2012
asphyxia asphyxia
I'm not sure how to answer this question because I do know that tons and tons of people use Facebook, but I also know tons of people that don't use it. I just don't see it having a whole lot more longevity. (Let the flaming begin!) Many of the changes to it in the past couple of years have made it very unpleasant to use, and I don't see that improving any time soon. I think it will continue to decline until someone creates The New and Improved Social Networking site and the Facebook ship gets unceremoniously abandoned.

Personally, if I were on the market for stock, I would go for Berkshire Hathaway. I would be thrilled to throw my support behind the legendary Warren Buffet. He is man I greatly admire and respect. Mark Zuckerberg and his Facebook empire? Meh. Maybe foregoing Facebook stock is a stupid decision on my part and I am kissing goodbye the opportunity of a lifetime, but it's a chance I'm willing to take.
05/30/2012
PassionateLover2 PassionateLover2
Quote:
Originally posted by asphyxia
I'm not sure how to answer this question because I do know that tons and tons of people use Facebook, but I also know tons of people that don't use it. I just don't see it having a whole lot more longevity. (Let the flaming begin!) Many ...
But, you made my point exactly! ". . .is it a FAD! Google is a fad, just like Twitter or Yahoo. Someday Facebook, Google, and Twitter will all fade and decline just like Yahoo has today."

And so the story continues until the New and Improved Social Networking site comes along! But until then, either you become an investor, willing to take a risk to reap a reward, or you buy a mutual fund, like Berkshire Hathaway, which would meet your investment needs instead.

But this question was not a 'Wall Street' question! It is a 'Main Street' question!
05/30/2012
asphyxia asphyxia
Quote:
Originally posted by PassionateLover2
But, you made my point exactly! ". . .is it a FAD! Google is a fad, just like Twitter or Yahoo. Someday Facebook, Google, and Twitter will all fade and decline just like Yahoo has today."

And so the story continues until the New and ...
Just wanted to say that Berkshire Hathaway is not a mutual fund, it's a stock.

I see what you're saying about the "fad" thing, so yeah, I guess Facebook is a fad, and I would agree that Twitter is, too. I'm not sure I agree about Google, but I could be biased because I like their products so much. Google is much more diversified and offers MUCH more to their users than Facebook and Twitter combined. Google has one thing really going for it, which is their respect for their users (I know it's not perfect, but at least it exists). That's something that Facebook is glaringly devoid of. I see Google far outlasting both Facebook and Twitter.

As far as my personal "investment needs," my only criteria is that I have respect for the organization/people that I support with my money. Profit comes secondary to that. I wouldn't toss money out there on a whim, just because some popular website has their IPO. I wouldn't invest in Facebook, even if it was guaranteed to make me tons of money because I don't believe in what they're doing. But those are just my personal feelings. I'm sure there are plenty of people that feel differently.

Even if I were solely profit driven, investing in a fad, as you call it, still doesn't seem wise to me. I think I would prefer sticking with investments that have demonstrable success. But I'm not one of those adrenaline-junkie risk-takers. For people who enjoy that "rush," they would probably do the exact opposite from me. Anyhow, without the adrenaline-junkie risk-takers, who else would shell out all the money that allows the pensive investors to analyze investment performance?

That's what makes the world such an amazing place! We all bring our different flavors to the table and make things exciting and fun. If we were all the same, this would be a pretty dang boring planet.

BTW, thanks for linking to the other thread. Boy, it sure got heated in there! (For the record, I am part of the 99%.)
05/31/2012
Total posts: 15
Unique posters: 12