THE FAD FOR SOCIAL MEDIA STOCKS IS VERY SIMILAR TO THE FAD FOR DOTCOMS IN THE 90'S...
YES...THEY ARE IMPORTANT...BUT THEY ARE NOT THAT IMPORTANT...
FACEBOOK IS A FAD ... AND IS USING ITS POPULARITY TO ACQUIRE "REAL" COMPANIES...
FACEBOOK REMINDS ME OF THE AOL CRAZE AT THE START OF THE INTERNET ERA...WHERE ABSURD VALUATIONS MOTIVATED WRONG HEADED PURCHASES...IN AN ATTEMPT TO BECOME "MORE REAL"...
FACEBOOK AND APPLE ARE THE NEXT MICROSOFT AND CISCO...TO BE SURE...
NAMELY... $30 STOCKS...!
