Tech – for Everyone

Tech Tips and Tricks & Advice – written in plain English.

How About Some Friday Fun?

Do you like puzzles?

Okay. I have one for you. Can you explain why a “company” (and I do use the term loosely) which produces not one thing (aka “goods”), has no assets (other than a few employees), and probably is responsible for reducing the GNP (by enhancing worker un-productivity), can be “valued” at $104 BILLION (and climbing)?

Uh.. really?

I don’t really want an answer to that. They make money.. it’s as simple as that. But how? Could it be from all our personal information they’ve been sucking up like a Hoover vacuum?
Nah.

One day I, too, want to be a 28 year old MULTI-BILLIONAIRE.  So I won’t knock it.

But still.. maybe ask yourself: isn’t there something wrong here? (I never took more than Economics 101, but, maybe.. we need to bring back the Gold Standard..?)

Related:

* Facebook IPO Valuation Sets Record: Is It Really Worth $104 Billion

“Facebookfinally set its IPO price Thursday evening: $38 a share, for a record-setting value of $104 billion on the social media giant. Is it worth it?” Read more..

* WOW! Facebook Is Now Worth More Than These 10 Huge

 “That means that the total value of Facebook, an eight-year-old company, is more than some of the largest, most successful companies in the Read more..

Update: Facebook’s IPO fails to live up to all the hype

Facebook shares, which underwriters had priced at $38 late Thursday, opened on the Nasdaq stock market Friday just below $43, and in their first hour of trading sank to as low as $38. The stock then recovered as IPO underwriters stepped in to support its price, according to reports. Facebook’s share price eventually finished the day at $38.23. Read more..

More puzzles (and games):

* JigZone is an online Jigsaw Puzzle where you choose the level of difficulty from a simple 6 piece cut to a challenging 247 piece cut.  A new Puzzle-of-the-day every day.

* PuzzleFactory.com Online Puzzle Games – Flash Games PuzzleFactory.com Online Games Puzzles. Retro. Arcade. Sudoku. Casino. Racing. Dress Up. Driving. Strategy. Board Games. Action. Adventure. Customize

Fun video:

Today’s quote:

Definitely believe that which you stated. Your favorite reason appeared to be on the net the simplest thing to be aware of.

I say to you, I certainly get annoyed while people think about worries that they plainly don’t know about. You managed to hit the nail upon the top and also defined out the whole thing without having side-effects , people could take a signal. Will likely be back to get more. Thanks.” ~ spambot comment left on yesterday’s article.

Copyright 2007-2012 © “Tech Paul” (Paul Eckstrom). All Rights Reserved.


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May 18, 2012 - Posted by | computers, Gaming, Internet, News, tech | , ,

6 Comments »

  1. I have a fairly long history of both short and long term trading (daytraded back in late 90’s).
    FB will be an excellent short term trade. They have some irons in the fire advertising wise (that’s where the value is) and I personally can’t see FB as a value play until they can demonstrate the upside.

    Regarding the gold standard – you are right on the money. I anticipate physical gold will double in the next few years (along with silver and platinum). Silver appears to be the real play. Things to stay away from – The American dollar. Inflation is beginning and it is going to hammer us hard in the next few years.

    Have a great weekend!

    Like

    Comment by g | May 18, 2012 | Reply

    • I am laughing.

      With news like that.. how could I have a great weekend? You ruined it for me!

      Seriously, good to see you here and thanks for the input. Hope all is super-groovy at Casa G!

      Like

      Comment by techpaul | May 18, 2012 | Reply

  2. Facebook Fails To Live Up To The Hype…not surprising!!!

    In my opinion…those who did not buy into the hype…well…did they recognize that Social Networking (hyped up by main stream media)… and the phenomenon-ism of it all…with Herd Mentality leading the way is just the “cloud” we are living under. That cloud can rain on us as fast as it developed/grew. When dealing (especially) with this NON-FIXED business of Facebook… based on the “moods of society.”.. the brain is too flexible to depend on long lasting success.

    For those celebrating a Sunny Victoria Day (Canada) holiday weekend…(mainly a gardening weekend)
    Enjoy!!!

    Like

    Comment by Gaia | May 19, 2012 | Reply

  3. Are you talking about that site that they even made a movie about? It’s a passing fad. Never last.

    Games? What about some Scrabble3D? Scrabble3D | Free Games software downloads at SourceForge.net

    Happy Victoria Day..Spent most of this past week in the garden. Still have a few things to plant.

    Like

    Comment by delenn13 | May 21, 2012 | Reply


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